WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Sees Significant Increase in Short Interest

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 55,400 shares, an increase of 135.7% from the September 15th total of 23,500 shares. Based on an average daily trading volume, of 155,100 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 155,100 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On WisdomTree U.S. Quality Growth Fund

A number of institutional investors and hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in shares of WisdomTree U.S. Quality Growth Fund by 8.1% in the second quarter. JPMorgan Chase & Co. now owns 2,605 shares of the company’s stock worth $137,000 after buying an additional 195 shares in the last quarter. AE Wealth Management LLC raised its stake in WisdomTree U.S. Quality Growth Fund by 52.7% in the second quarter. AE Wealth Management LLC now owns 629 shares of the company’s stock valued at $33,000 after purchasing an additional 217 shares in the last quarter. Gateway Wealth Partners LLC raised its stake in WisdomTree U.S. Quality Growth Fund by 7.1% in the first quarter. Gateway Wealth Partners LLC now owns 4,580 shares of the company’s stock valued at $201,000 after purchasing an additional 304 shares in the last quarter. Great Valley Advisor Group Inc. raised its stake in WisdomTree U.S. Quality Growth Fund by 2.1% in the second quarter. Great Valley Advisor Group Inc. now owns 17,801 shares of the company’s stock valued at $935,000 after purchasing an additional 363 shares in the last quarter. Finally, Royal Harbor Partners LLC raised its stake in WisdomTree U.S. Quality Growth Fund by 7.7% in the first quarter. Royal Harbor Partners LLC now owns 5,204 shares of the company’s stock valued at $228,000 after purchasing an additional 372 shares in the last quarter.

WisdomTree U.S. Quality Growth Fund Trading Up 0.5%

Shares of WisdomTree U.S. Quality Growth Fund stock opened at $57.26 on Friday. WisdomTree U.S. Quality Growth Fund has a 12-month low of $37.29 and a 12-month high of $58.49. The company has a market cap of $1.86 billion, a price-to-earnings ratio of 36.83 and a beta of -1.25. The company’s 50-day moving average price is $56.15 and its 200-day moving average price is $51.42.

About WisdomTree U.S. Quality Growth Fund

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.