WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Hits New 12-Month High – Should You Buy?

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday. The stock traded as high as $69.34 and last traded at $69.19, with a volume of 75626 shares traded. The stock had previously closed at $68.74.

WisdomTree U.S. Quality Growth Fund Price Performance

The firm’s 50 day moving average is $66.95 and its 200 day moving average is $63.84. The firm has a market cap of $3.20 billion, a P/E ratio of 36.83 and a beta of 1.32.

Hedge Funds Weigh In On WisdomTree U.S. Quality Growth Fund

Several institutional investors and hedge funds have recently modified their holdings of QGRW. RFG Advisory LLC grew its position in WisdomTree U.S. Quality Growth Fund by 0.5% during the 1st quarter. RFG Advisory LLC now owns 37,566 shares of the company’s stock valued at $2,007,000 after purchasing an additional 172 shares during the last quarter. Falcon Wealth Planning lifted its stake in shares of WisdomTree U.S. Quality Growth Fund by 7.7% in the first quarter. Falcon Wealth Planning now owns 5,678 shares of the company’s stock worth $303,000 after buying an additional 404 shares in the last quarter. ZEGA Investments LLC grew its holdings in shares of WisdomTree U.S. Quality Growth Fund by 8.6% during the second quarter. ZEGA Investments LLC now owns 5,694 shares of the company’s stock valued at $376,000 after buying an additional 451 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of WisdomTree U.S. Quality Growth Fund by 10.5% during the second quarter. NewEdge Advisors LLC now owns 5,090 shares of the company’s stock valued at $336,000 after acquiring an additional 484 shares in the last quarter. Finally, WealthPoint Financial LLC raised its holdings in WisdomTree U.S. Quality Growth Fund by 5.7% in the 1st quarter. WealthPoint Financial LLC now owns 9,449 shares of the company’s stock worth $505,000 after acquiring an additional 512 shares during the last quarter.

About WisdomTree U.S. Quality Growth Fund

(Get Free Report)

The Wisdomtree U.S. Quality Growth Fund (QGRW) is an exchange-traded fund that is based on the WisdomTree U.S. Quality Growth index. The fund tracks a market cap-weighted index of 100 large-cap growth companies in the US that exhibit the strongest quality characteristics relative to their peers. QGRW was launched on Dec 15, 2022 and is managed by WisdomTree.

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