WisdomTree U.S. Efficient Core Fund (NYSEARCA:NTSX) Sees Unusually-High Trading Volume – Still a Buy?

WisdomTree U.S. Efficient Core Fund (NYSEARCA:NTSX) shares saw unusually-high trading volume on Friday . Approximately 259,848 shares changed hands during trading, an increase of 275% from the previous session’s volume of 69,205 shares.The stock last traded at $54.9540 and had previously closed at $54.66.

WisdomTree U.S. Efficient Core Fund Stock Performance

The company has a market cap of $1.28 billion, a P/E ratio of 25.07 and a beta of 1.03. The firm’s 50-day simple moving average is $54.66 and its 200 day simple moving average is $52.47.

Institutional Investors Weigh In On WisdomTree U.S. Efficient Core Fund

A number of hedge funds have recently modified their holdings of the stock. Evolution Wealth Management Inc. bought a new position in WisdomTree U.S. Efficient Core Fund during the second quarter valued at $30,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of WisdomTree U.S. Efficient Core Fund during the 3rd quarter valued at $47,000. Raymond James Financial Inc. purchased a new stake in WisdomTree U.S. Efficient Core Fund in the 2nd quarter worth about $59,000. Smartleaf Asset Management LLC increased its holdings in WisdomTree U.S. Efficient Core Fund by 1,418.3% in the 1st quarter. Smartleaf Asset Management LLC now owns 1,822 shares of the company’s stock worth $82,000 after acquiring an additional 1,702 shares during the last quarter. Finally, Clearstead Advisors LLC bought a new stake in WisdomTree U.S. Efficient Core Fund in the 3rd quarter valued at about $200,000.

About WisdomTree U.S. Efficient Core Fund

The WisdomTree U.S. Efficient Core Fund (NTSX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed portfolio of US equities and US Treasury futures contracts. NTSX was launched on Aug 2, 2018 and is managed by WisdomTree.