WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Trading Down 0.3% – Time to Sell?

Shares of WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) were down 0.3% during mid-day trading on Friday . The stock traded as low as $23.34 and last traded at $23.37. Approximately 810 shares were traded during trading, a decline of 78% from the average session volume of 3,626 shares. The stock had previously closed at $23.43.

WisdomTree New Economy Real Estate Fund Stock Down 0.3%

The company has a market cap of $1.40 million, a price-to-earnings ratio of 1.26 and a beta of 1.07. The company has a fifty day simple moving average of $23.95 and a two-hundred day simple moving average of $24.24.

Institutional Investors Weigh In On WisdomTree New Economy Real Estate Fund

A hedge fund recently bought a new stake in WisdomTree New Economy Real Estate Fund stock. Western Wealth Management LLC bought a new stake in WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,553 shares of the company’s stock, valued at approximately $34,000. Western Wealth Management LLC owned approximately 0.24% of WisdomTree New Economy Real Estate Fund as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 59.41% of the company’s stock.

WisdomTree New Economy Real Estate Fund Company Profile

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.