Shares of WisdomTree Artificial Intelligence and Innovation Fund (BATS:WTAI – Get Free Report) shot up 2.8% during trading on Monday . The company traded as high as $45.79 and last traded at $45.79. Approximately 387,308 shares traded hands during mid-day trading, an increase of 110% from the average session volume of 184,006 shares. The stock had previously closed at $44.53.
WisdomTree Artificial Intelligence and Innovation Fund Trading Down 5.2%
The stock has a market capitalization of $387.09 million, a P/E ratio of 25.61 and a beta of 1.43. The company has a fifty day simple moving average of $41.82 and a two-hundred day simple moving average of $34.07.
Institutional Investors Weigh In On WisdomTree Artificial Intelligence and Innovation Fund
Institutional investors and hedge funds have recently modified their holdings of the business. Harbor Investment Advisory LLC lifted its holdings in WisdomTree Artificial Intelligence and Innovation Fund by 16.5% in the first quarter. Harbor Investment Advisory LLC now owns 3,612 shares of the company’s stock valued at $102,000 after buying an additional 512 shares during the period. Sherman Asset Management Inc. grew its holdings in WisdomTree Artificial Intelligence and Innovation Fund by 141.7% during the 1st quarter. Sherman Asset Management Inc. now owns 1,675 shares of the company’s stock worth $47,000 after acquiring an additional 982 shares during the period. Farther Finance Advisors LLC grew its holdings in WisdomTree Artificial Intelligence and Innovation Fund by 62.1% during the 4th quarter. Farther Finance Advisors LLC now owns 2,957 shares of the company’s stock worth $86,000 after acquiring an additional 1,133 shares during the period. Private Trust Co. NA grew its holdings in WisdomTree Artificial Intelligence and Innovation Fund by 1,017.9% during the 4th quarter. Private Trust Co. NA now owns 1,621 shares of the company’s stock worth $47,000 after acquiring an additional 1,476 shares during the period. Finally, Team Financial Group LLC bought a new stake in shares of WisdomTree Artificial Intelligence and Innovation Fund during the 1st quarter valued at $47,000.
About WisdomTree Artificial Intelligence and Innovation Fund
The WisdomTree Artificial Intelligence and Innovation Fund (WTAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an equally-weighted index of globally-listed stocks whose businesses are derived from artificial intelligence and innovation. Selection and weighting are overseen by a committee. WTAI was launched on Dec 9, 2021 and is managed by WisdomTree.
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