WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW – Get Free Report) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 89,105 shares, an increase of 128.3% from the August 15th total of 39,028 shares. Based on an average daily volume of 207,243 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the shares of the stock are short sold.
WisdomTree U.S. Quality Growth Fund Stock Performance
Shares of NYSEARCA:QGRW opened at $66.85 on Monday. WisdomTree U.S. Quality Growth Fund has a 52-week low of $50.94 and a 52-week high of $69.00. The firm has a fifty day moving average of $66.40 and a 200 day moving average of $62.90. The firm has a market capitalization of $2.82 billion, a PE ratio of 36.83 and a beta of 1.32.
Institutional Investors Weigh In On WisdomTree U.S. Quality Growth Fund
A number of large investors have recently added to or reduced their stakes in the company. Waverly Advisors LLC bought a new stake in WisdomTree U.S. Quality Growth Fund in the first quarter valued at $29,000. Qube Research & Technologies Ltd purchased a new stake in shares of WisdomTree U.S. Quality Growth Fund in the 3rd quarter worth about $34,000. EFG International AG bought a new stake in shares of WisdomTree U.S. Quality Growth Fund during the 4th quarter valued at about $35,000. Ameritas Advisory Services LLC purchased a new position in shares of WisdomTree U.S. Quality Growth Fund during the second quarter valued at about $63,000. Finally, IFP Advisors Inc raised its stake in WisdomTree U.S. Quality Growth Fund by 563.7% in the second quarter. IFP Advisors Inc now owns 1,334 shares of the company’s stock worth $88,000 after buying an additional 1,133 shares in the last quarter.
WisdomTree U.S. Quality Growth Fund Company Profile
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.
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