WisdomTree Target Range Fund (NASDAQ:GTR) Shares Down 0.8% – Here’s What Happened

WisdomTree Target Range Fund (NASDAQ:GTR)’s share price fell 0.8% during mid-day trading on Friday . The stock traded as low as $26.67 and last traded at $26.79. 621 shares were traded during mid-day trading, a decline of 89% from the average session volume of 5,846 shares. The stock had previously closed at $27.01.

WisdomTree Target Range Fund Price Performance

The firm’s 50 day moving average price is $25.85 and its 200-day moving average price is $25.84. The firm has a market cap of $69.12 million, a price-to-earnings ratio of 20.13 and a beta of 0.59.

Institutional Investors Weigh In On WisdomTree Target Range Fund

A hedge fund recently raised its stake in WisdomTree Target Range Fund stock. Valmark Advisers Inc. boosted its holdings in shares of WisdomTree Target Range Fund (NASDAQ:GTR) by 0.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,232,564 shares of the company’s stock after buying an additional 10,507 shares during the period. Valmark Advisers Inc. owned about 92.25% of WisdomTree Target Range Fund worth $56,341,000 as of its most recent SEC filing.

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.