WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Sees Strong Trading Volume – Here’s What Happened

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) saw unusually-strong trading volume on Monday . Approximately 260,088 shares traded hands during mid-day trading, an increase of 88% from the previous session’s volume of 138,303 shares.The stock last traded at $44.33 and had previously closed at $46.09.

WisdomTree U.S. Quality Growth Fund Trading Down 4.2 %

The stock has a market capitalization of $926.69 million, a P/E ratio of 38.39 and a beta of 1.15. The stock’s fifty day moving average price is $49.63 and its two-hundred day moving average price is $47.92.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. LPL Financial LLC increased its stake in WisdomTree U.S. Quality Growth Fund by 68.7% in the 4th quarter. LPL Financial LLC now owns 1,256,028 shares of the company’s stock worth $61,872,000 after purchasing an additional 511,420 shares during the period. Columbia Advisory Partners LLC bought a new position in shares of WisdomTree U.S. Quality Growth Fund in the fourth quarter worth approximately $13,081,000. Ritter Daniher Financial Advisory LLC DE bought a new position in shares of WisdomTree U.S. Quality Growth Fund in the fourth quarter worth approximately $9,988,000. Gratus Wealth Advisors LLC bought a new stake in WisdomTree U.S. Quality Growth Fund during the 4th quarter valued at $7,120,000. Finally, Raymond James Financial Inc. bought a new stake in WisdomTree U.S. Quality Growth Fund during the 4th quarter valued at $6,350,000.

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.