WisdomTree U.S. Value Fund (NYSEARCA:WTV) Sees Significant Decline in Short Interest

WisdomTree U.S. Value Fund (NYSEARCA:WTV) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 42,913 shares, a decline of 37.9% from the September 30th total of 69,148 shares. Based on an average daily trading volume, of 158,585 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of WTV. United Advisor Group LLC boosted its stake in WisdomTree U.S. Value Fund by 5.2% in the third quarter. United Advisor Group LLC now owns 57,013 shares of the company’s stock valued at $5,840,000 after acquiring an additional 2,813 shares during the period. Ashton Thomas Private Wealth LLC grew its holdings in shares of WisdomTree U.S. Value Fund by 2.7% during the third quarter. Ashton Thomas Private Wealth LLC now owns 36,060 shares of the company’s stock valued at $3,694,000 after purchasing an additional 951 shares during the last quarter. Horizon Wealth Management LLC acquired a new stake in shares of WisdomTree U.S. Value Fund during the 3rd quarter worth approximately $42,436,000. Kestra Advisory Services LLC raised its position in shares of WisdomTree U.S. Value Fund by 11.1% during the 3rd quarter. Kestra Advisory Services LLC now owns 574,066 shares of the company’s stock worth $58,807,000 after purchasing an additional 57,351 shares during the period. Finally, Commonwealth Equity Services LLC acquired a new stake in shares of WisdomTree U.S. Value Fund during the 3rd quarter worth approximately $17,256,000.

WisdomTree U.S. Value Fund Trading Down 0.5%

WTV stock traded down $0.52 during trading on Tuesday, reaching $107.09. The stock had a trading volume of 408,742 shares, compared to its average volume of 196,695. The firm has a fifty day moving average price of $106.26 and a 200 day moving average price of $101.86. The company has a market capitalization of $3.33 billion, a P/E ratio of 14.62 and a beta of 0.93. WisdomTree U.S. Value Fund has a 1-year low of $87.88 and a 1-year high of $109.74.

About WisdomTree U.S. Value Fund

The WisdomTree U.S. Value Fund (WTV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed using a model-based selection process. It aims to identify US large- and mid-cap stocks that provide a high total shareholder yield with quality characteristics. WTV was launched on Feb 23, 2007 and is managed by WisdomTree.