WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Sees Large Decrease in Short Interest

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) saw a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 30,646 shares, a decrease of 64.6% from the January 29th total of 86,450 shares. Based on an average daily volume of 432,033 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 432,033 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On WisdomTree U.S. Quality Growth Fund

Several institutional investors have recently added to or reduced their stakes in QGRW. AE Wealth Management LLC increased its holdings in shares of WisdomTree U.S. Quality Growth Fund by 52.7% during the 2nd quarter. AE Wealth Management LLC now owns 629 shares of the company’s stock valued at $33,000 after purchasing an additional 217 shares in the last quarter. Qube Research & Technologies Ltd purchased a new position in WisdomTree U.S. Quality Growth Fund during the third quarter worth approximately $34,000. EFG International AG purchased a new position in shares of WisdomTree U.S. Quality Growth Fund during the 4th quarter worth $35,000. Private Trust Co. NA acquired a new stake in shares of WisdomTree U.S. Quality Growth Fund during the third quarter worth about $41,000. Finally, CENTRAL TRUST Co acquired a new stake in shares of WisdomTree U.S. Quality Growth Fund in the fourth quarter valued at $41,000.

WisdomTree U.S. Quality Growth Fund Price Performance

Shares of NYSEARCA:QGRW traded down $0.49 on Friday, hitting $56.65. 177,680 shares of the company’s stock were exchanged, compared to its average volume of 409,707. The stock has a market capitalization of $2.10 billion, a price-to-earnings ratio of 36.83 and a beta of 1.23. The business’s 50 day simple moving average is $58.31 and its two-hundred day simple moving average is $57.71. WisdomTree U.S. Quality Growth Fund has a 12 month low of $37.29 and a 12 month high of $60.76.

About WisdomTree U.S. Quality Growth Fund

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.