WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW – Get Free Report)’s share price rose 0.1% during trading on Wednesday . The stock traded as high as $33.0633 and last traded at $33.03. Approximately 102,221 shares changed hands during mid-day trading, an increase of 60% from the average daily volume of 63,754 shares. The stock had previously closed at $33.01.
WisdomTree PutWrite Strategy Fund Stock Performance
The firm has a 50-day moving average price of $32.64 and a two-hundred day moving average price of $33.15.
Institutional Investors Weigh In On WisdomTree PutWrite Strategy Fund
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC boosted its position in WisdomTree PutWrite Strategy Fund by 3.8% in the 2nd quarter. Smartleaf Asset Management LLC now owns 18,550 shares of the company’s stock valued at $595,000 after buying an additional 674 shares during the period. Jane Street Group LLC bought a new stake in shares of WisdomTree PutWrite Strategy Fund during the first quarter valued at approximately $800,000. Visionary Wealth Advisors boosted its holdings in shares of WisdomTree PutWrite Strategy Fund by 49.9% in the second quarter. Visionary Wealth Advisors now owns 34,099 shares of the company’s stock valued at $1,093,000 after purchasing an additional 11,352 shares during the period. NewEdge Advisors LLC purchased a new stake in shares of WisdomTree PutWrite Strategy Fund in the second quarter valued at approximately $1,300,000. Finally, Raymond James Financial Inc. grew its stake in WisdomTree PutWrite Strategy Fund by 1.7% in the second quarter. Raymond James Financial Inc. now owns 169,661 shares of the company’s stock worth $5,436,000 after purchasing an additional 2,778 shares in the last quarter.
WisdomTree PutWrite Strategy Fund Company Profile
The WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW) is an exchange-traded fund that is based on the Cboe S&P 500 PutWrite index. The fund tracks an index that consists of short SPY put options and cash collateral. The index selects put options that target a premium of 2.5% and rolls its exposure twice a month. PUTW was launched on Feb 24, 2016 and is managed by WisdomTree.
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