WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Shares Up 2.1% – What’s Next?

Shares of WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) rose 2.1% during mid-day trading on Friday . The company traded as high as $16.30 and last traded at $16.30. Approximately 6,319 shares changed hands during mid-day trading, an increase of 78% from the average daily volume of 3,559 shares. The stock had previously closed at $15.96.

WisdomTree New Economy Real Estate Fund Trading Up 2.1 %

The stock has a market capitalization of $13.86 million, a PE ratio of 31.65 and a beta of 0.90. The stock has a 50 day moving average price of $17.33 and a 200-day moving average price of $17.98.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Virtu Financial LLC bought a new position in shares of WisdomTree New Economy Real Estate Fund in the 4th quarter worth approximately $224,000. Jane Street Group LLC increased its holdings in WisdomTree New Economy Real Estate Fund by 51.9% during the third quarter. Jane Street Group LLC now owns 25,512 shares of the company’s stock valued at $508,000 after buying an additional 8,718 shares during the last quarter. Finally, Murphy & Mullick Capital Management Corp purchased a new stake in WisdomTree New Economy Real Estate Fund during the fourth quarter valued at approximately $44,000.

WisdomTree New Economy Real Estate Fund Company Profile

The WisdomTree New Economy Real Estate ETF (WTRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a tier-weighted index of global real estate companies that have direct and\u002For indirect exposure to technology, sciences, or e-commerce. Holdings are selected based on a proprietary technology score and a leverage screening.