WisdomTree Cybersecurity Fund (NASDAQ:WCBR) Shares Up 1.8% – Still a Buy?

WisdomTree Cybersecurity Fund (NASDAQ:WCBR)’s stock price shot up 1.8% during trading on Monday . The company traded as high as $27.40 and last traded at $27.16. 24,788 shares changed hands during mid-day trading, a decline of 53% from the average session volume of 52,928 shares. The stock had previously closed at $26.68.

WisdomTree Cybersecurity Fund Stock Up 1.8%

The company has a market cap of $80.67 million, a P/E ratio of 36.72 and a beta of 0.89. The stock’s 50-day moving average price is $25.35 and its 200 day moving average price is $27.49.

Hedge Funds Weigh In On WisdomTree Cybersecurity Fund

Institutional investors have recently modified their holdings of the company. BOKF NA bought a new position in shares of WisdomTree Cybersecurity Fund in the third quarter valued at approximately $31,000. Sunbelt Securities Inc. raised its position in shares of WisdomTree Cybersecurity Fund by 19.8% in the fourth quarter. Sunbelt Securities Inc. now owns 78,717 shares of the company’s stock valued at $2,193,000 after purchasing an additional 13,004 shares during the period. Calton & Associates Inc. bought a new position in shares of WisdomTree Cybersecurity Fund in the fourth quarter valued at approximately $206,000. HighTower Advisors LLC raised its position in shares of WisdomTree Cybersecurity Fund by 2.7% in the fourth quarter. HighTower Advisors LLC now owns 1,049,217 shares of the company’s stock valued at $29,224,000 after purchasing an additional 27,119 shares during the period. Finally, Creative Financial Designs Inc. ADV raised its position in shares of WisdomTree Cybersecurity Fund by 6.6% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 15,142 shares of the company’s stock valued at $422,000 after purchasing an additional 939 shares during the period.

WisdomTree Cybersecurity Fund Company Profile

The WisdomTree Cybersecurity Fund (WCBR) is an exchange-traded fund that is based on the WisdomTree Team8 Cybersecurity index. The fund tracks an index of developed market companies primarily involved in cybersecurity and security-oriented technology. WCBR was launched on Jan 28, 2021 and is managed by WisdomTree.