WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW – Get Free Report) saw a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 65,228 shares, a decrease of 33.6% from the June 30th total of 98,225 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 174,836 shares, the short-interest ratio is currently 0.4 days.
WisdomTree U.S. Quality Growth Fund Stock Performance
NYSEARCA:QGRW opened at $63.70 on Friday. WisdomTree U.S. Quality Growth Fund has a 52 week low of $50.94 and a 52 week high of $68.84. The firm has a 50-day moving average price of $65.38 and a two-hundred day moving average price of $60.87. The firm has a market cap of $2.69 billion, a price-to-earnings ratio of 36.83 and a beta of 1.31.
Hedge Funds Weigh In On WisdomTree U.S. Quality Growth Fund
Institutional investors have recently added to or reduced their stakes in the stock. Centurion Wealth Management LLC raised its position in WisdomTree U.S. Quality Growth Fund by 43.9% in the second quarter. Centurion Wealth Management LLC now owns 161,509 shares of the company’s stock worth $10,664,000 after acquiring an additional 49,308 shares during the period. RVW Wealth LLC grew its position in shares of WisdomTree U.S. Quality Growth Fund by 0.7% during the 2nd quarter. RVW Wealth LLC now owns 1,073,242 shares of the company’s stock valued at $70,866,000 after acquiring an additional 7,601 shares during the period. Dynamic Advisor Solutions LLC grew its position in shares of WisdomTree U.S. Quality Growth Fund by 15.8% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 5,095 shares of the company’s stock valued at $336,000 after acquiring an additional 695 shares during the period. GK Wealth Management LLC purchased a new stake in shares of WisdomTree U.S. Quality Growth Fund during the 2nd quarter worth approximately $1,127,000. Finally, CoreCap Advisors LLC increased its stake in shares of WisdomTree U.S. Quality Growth Fund by 33.9% during the 2nd quarter. CoreCap Advisors LLC now owns 7,052 shares of the company’s stock worth $466,000 after purchasing an additional 1,786 shares during the last quarter.
WisdomTree U.S. Quality Growth Fund Company Profile
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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