WisdomTree Target Range Fund (NASDAQ:GTR) Stock Price Up 0.3% – Time to Buy?

WisdomTree Target Range Fund (NASDAQ:GTR)’s share price was up 0.3% during trading on Thursday . The company traded as high as $27.92 and last traded at $27.81. 852 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 5,734 shares. The stock had previously closed at $27.74.

WisdomTree Target Range Fund Stock Up 0.3%

The stock has a market cap of $72.86 million, a P/E ratio of 20.13 and a beta of 0.59. The firm’s 50 day simple moving average is $27.21 and its two-hundred day simple moving average is $26.48.

Hedge Funds Weigh In On WisdomTree Target Range Fund

A hedge fund recently raised its stake in WisdomTree Target Range Fund stock. Valmark Advisers Inc. lifted its stake in shares of WisdomTree Target Range Fund (NASDAQ:GTR) by 5.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,360,343 shares of the company’s stock after purchasing an additional 127,779 shares during the quarter. Valmark Advisers Inc. owned about 91.49% of WisdomTree Target Range Fund worth $59,183,000 as of its most recent filing with the Securities and Exchange Commission.

About WisdomTree Target Range Fund

The WisdomTree Target Range Fund (GTR) is an exchange-traded fund that is based on the TOPS Global Equity Target Range index. The fund is an actively managed fund-of-funds that provides exposure to stocks from around the world while managing risk through a cash-secured call spread strategy. GTR was launched on Oct 7, 2021 and is managed by WisdomTree.