WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Short Interest Update

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) was the target of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 86,450 shares, a growth of 63.7% from the January 15th total of 52,825 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 304,622 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 304,622 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are short sold.

WisdomTree U.S. Quality Growth Fund Stock Performance

QGRW stock opened at $56.36 on Monday. WisdomTree U.S. Quality Growth Fund has a fifty-two week low of $37.29 and a fifty-two week high of $60.76. The stock’s 50 day simple moving average is $58.60 and its 200 day simple moving average is $57.54. The company has a market cap of $2.09 billion, a P/E ratio of 36.83 and a beta of 1.23.

Institutional Trading of WisdomTree U.S. Quality Growth Fund

Institutional investors and hedge funds have recently modified their holdings of the stock. HighTower Advisors LLC raised its position in WisdomTree U.S. Quality Growth Fund by 64.6% in the 3rd quarter. HighTower Advisors LLC now owns 3,356,988 shares of the company’s stock valued at $192,557,000 after buying an additional 1,317,154 shares during the last quarter. Bank of America Corp DE increased its stake in shares of WisdomTree U.S. Quality Growth Fund by 142.3% in the third quarter. Bank of America Corp DE now owns 1,546,733 shares of the company’s stock worth $88,721,000 after purchasing an additional 908,416 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in WisdomTree U.S. Quality Growth Fund by 15,576.4% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 723,464 shares of the company’s stock valued at $42,446,000 after acquiring an additional 718,849 shares during the period. Horizon Wealth Management LLC bought a new stake in shares of WisdomTree U.S. Quality Growth Fund during the 4th quarter valued at $30,212,000. Finally, Retirement Planning Group LLC lifted its holdings in shares of WisdomTree U.S. Quality Growth Fund by 12.2% in the second quarter. Retirement Planning Group LLC now owns 3,749,620 shares of the company’s stock worth $197,043,000 after buying an additional 407,979 shares in the last quarter.

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.