WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Trading Up 0.1% – Here’s What Happened

Shares of WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) shot up 0.1% during mid-day trading on Monday . The stock traded as high as $25.06 and last traded at $25.06. 1,393 shares traded hands during mid-day trading, a decline of 66% from the average session volume of 4,147 shares. The stock had previously closed at $25.04.

WisdomTree New Economy Real Estate Fund Price Performance

The company has a market capitalization of $16.50 million, a P/E ratio of 1.37 and a beta of 1.04. The firm has a fifty day moving average price of $23.71 and a 200-day moving average price of $22.89.

Hedge Funds Weigh In On WisdomTree New Economy Real Estate Fund

Institutional investors have recently modified their holdings of the business. Bank of America Corp DE boosted its holdings in shares of WisdomTree New Economy Real Estate Fund by 8.0% in the 2nd quarter. Bank of America Corp DE now owns 18,190 shares of the company’s stock worth $354,000 after buying an additional 1,344 shares during the last quarter. Western Wealth Management LLC purchased a new position in shares of WisdomTree New Economy Real Estate Fund in the 1st quarter worth about $34,000. Raymond James Financial Inc. purchased a new position in shares of WisdomTree New Economy Real Estate Fund in the 2nd quarter worth about $74,000. LPL Financial LLC boosted its holdings in shares of WisdomTree New Economy Real Estate Fund by 50.7% in the 4th quarter. LPL Financial LLC now owns 21,233 shares of the company’s stock worth $452,000 after buying an additional 7,142 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in shares of WisdomTree New Economy Real Estate Fund by 165.4% in the 1st quarter. Jane Street Group LLC now owns 47,029 shares of the company’s stock worth $815,000 after buying an additional 29,311 shares during the last quarter. 59.41% of the stock is owned by institutional investors.

About WisdomTree New Economy Real Estate Fund

The WisdomTree New Economy Real Estate ETF (WTRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a tier-weighted index of global real estate companies that have direct and\u002For indirect exposure to technology, sciences, or e-commerce. Holdings are selected based on a proprietary technology score and a leverage screening. WTRE was launched on Jun 5, 2007 and is managed by WisdomTree.