WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Short Interest Update

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) was the target of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 104,356 shares, a growth of 240.5% from the February 12th total of 30,646 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 255,080 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 255,080 shares, the short-interest ratio is currently 0.4 days. Currently, 0.3% of the shares of the stock are sold short.

WisdomTree U.S. Quality Growth Fund Stock Performance

NYSEARCA QGRW traded down $1.13 on Thursday, hitting $55.90. The stock had a trading volume of 165,574 shares, compared to its average volume of 373,404. The firm has a 50-day moving average of $57.85 and a 200-day moving average of $57.82. WisdomTree U.S. Quality Growth Fund has a 52-week low of $37.29 and a 52-week high of $60.76. The company has a market capitalization of $2.07 billion, a price-to-earnings ratio of 36.83 and a beta of 1.23.

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

Large investors have recently added to or reduced their stakes in the business. Retirement Planning Group LLC increased its stake in WisdomTree U.S. Quality Growth Fund by 2.9% in the 4th quarter. Retirement Planning Group LLC now owns 4,214,209 shares of the company’s stock worth $247,248,000 after acquiring an additional 120,233 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of WisdomTree U.S. Quality Growth Fund by 3.5% during the 4th quarter. HighTower Advisors LLC now owns 3,474,401 shares of the company’s stock valued at $203,843,000 after acquiring an additional 117,413 shares during the last quarter. LPL Financial LLC boosted its position in shares of WisdomTree U.S. Quality Growth Fund by 8.9% during the 4th quarter. LPL Financial LLC now owns 2,817,821 shares of the company’s stock valued at $165,322,000 after acquiring an additional 230,242 shares during the last quarter. Trust Point Inc. grew its holdings in shares of WisdomTree U.S. Quality Growth Fund by 0.3% during the third quarter. Trust Point Inc. now owns 2,637,754 shares of the company’s stock worth $151,302,000 after purchasing an additional 7,838 shares in the last quarter. Finally, Morgan Stanley grew its holdings in shares of WisdomTree U.S. Quality Growth Fund by 3.7% during the fourth quarter. Morgan Stanley now owns 2,344,690 shares of the company’s stock worth $137,563,000 after purchasing an additional 83,191 shares in the last quarter.

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.