WisdomTree Alternative Income Fund (BATS:HYIN – Get Free Report) fell 9.3% during mid-day trading on Monday . The stock traded as low as $18.0201 and last traded at $16.2660. 52,636 shares were traded during mid-day trading, an increase of 44% from the average session volume of 36,491 shares. The stock had previously closed at $17.93.
WisdomTree Alternative Income Fund Trading Down 9.3%
The stock has a 50-day simple moving average of $16.10 and a 200 day simple moving average of $16.65. The company has a market cap of $56.93 million, a price-to-earnings ratio of 9.57 and a beta of 0.99.
Institutional Investors Weigh In On WisdomTree Alternative Income Fund
Large investors have recently bought and sold shares of the company. Wedbush Securities Inc. increased its holdings in WisdomTree Alternative Income Fund by 1.7% in the 3rd quarter. Wedbush Securities Inc. now owns 44,769 shares of the company’s stock worth $748,000 after buying an additional 750 shares during the period. Advisory Services Network LLC acquired a new stake in WisdomTree Alternative Income Fund during the 3rd quarter valued at approximately $45,000. Cetera Investment Advisers boosted its holdings in shares of WisdomTree Alternative Income Fund by 126.5% in the 2nd quarter. Cetera Investment Advisers now owns 33,390 shares of the company’s stock valued at $575,000 after acquiring an additional 18,646 shares during the last quarter. Finally, Jane Street Group LLC purchased a new stake in shares of WisdomTree Alternative Income Fund in the 1st quarter valued at $475,000.
WisdomTree Alternative Income Fund Company Profile
The WisdomTree Alternative Income Fund (HYIN) is an exchange-traded fund that is based on the Gapstow Liquid Alternative Credit index. The fund tracks an equal-weighted index of 35 publicly traded alternative credit vehicles (PACs). The selection of PACs is based on related exposure to alternative credit and trading requirements. HYIN was launched on May 6, 2021 and is managed by WisdomTree.
Featured Articles
- Five stocks we like better than WisdomTree Alternative Income Fund
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Do not delete, read immediately
- The $100 Trillion AI Story No One Is Telling You
- NEW LAW: Congress Approves Setup For Digital Dollar?
- A U.S. “birthright” claim worth trillions – activated quietly
Receive News & Ratings for WisdomTree Alternative Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree Alternative Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
