WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW) Stock Price Up 0.4% – Here’s Why

WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTWGet Free Report) shot up 0.4% on Wednesday . The company traded as high as $32.65 and last traded at $32.60. Approximately 91,089 shares changed hands during mid-day trading, an increase of 43% from the average daily volume of 63,754 shares. The stock had previously closed at $32.48.

WisdomTree PutWrite Strategy Fund Price Performance

The company’s 50-day simple moving average is $32.60 and its 200-day simple moving average is $32.74.

WisdomTree PutWrite Strategy Fund Company Profile

(Get Free Report)

The WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW) is an exchange-traded fund that is based on the Cboe S&P 500 PutWrite index. The fund tracks an index that consists of short SPY put options and cash collateral. The index selects put options that target a premium of 2.5% and rolls its exposure twice a month. PUTW was launched on Feb 24, 2016 and is managed by WisdomTree.

See Also

Receive News & Ratings for WisdomTree PutWrite Strategy Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree PutWrite Strategy Fund and related companies with MarketBeat.com's FREE daily email newsletter.