WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Trading 0.8% Higher – Time to Buy?

WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) shares traded up 0.8% during trading on Monday . The company traded as high as $23.25 and last traded at $23.19. 4,996 shares were traded during mid-day trading, an increase of 48% from the average session volume of 3,381 shares. The stock had previously closed at $23.00.

WisdomTree New Economy Real Estate Fund Trading Up 0.8%

The company has a market cap of $15.07 million, a PE ratio of 1.25 and a beta of 0.87. The firm has a 50 day moving average of $20.73 and a two-hundred day moving average of $19.06.

Hedge Funds Weigh In On WisdomTree New Economy Real Estate Fund

Several large investors have recently modified their holdings of the stock. Bank of America Corp DE boosted its stake in WisdomTree New Economy Real Estate Fund by 8.0% in the 2nd quarter. Bank of America Corp DE now owns 18,190 shares of the company’s stock worth $354,000 after purchasing an additional 1,344 shares in the last quarter. Virtu Financial LLC lifted its stake in shares of WisdomTree New Economy Real Estate Fund by 17.5% in the first quarter. Virtu Financial LLC now owns 15,265 shares of the company’s stock worth $264,000 after buying an additional 2,273 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of WisdomTree New Economy Real Estate Fund in the second quarter worth approximately $74,000. Flow Traders U.S. LLC grew its holdings in shares of WisdomTree New Economy Real Estate Fund by 102.4% during the first quarter. Flow Traders U.S. LLC now owns 29,629 shares of the company’s stock valued at $513,000 after buying an additional 14,993 shares during the last quarter. Finally, Jane Street Group LLC increased its position in shares of WisdomTree New Economy Real Estate Fund by 165.4% during the first quarter. Jane Street Group LLC now owns 47,029 shares of the company’s stock valued at $815,000 after acquiring an additional 29,311 shares in the last quarter. Hedge funds and other institutional investors own 59.41% of the company’s stock.

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.