WisdomTree Target Range Fund (NASDAQ:GTR) Stock Price Down 1.4% – Time to Sell?

Shares of WisdomTree Target Range Fund (NASDAQ:GTR) dropped 1.4% during mid-day trading on Friday . The company traded as low as $26.78 and last traded at $26.8550. Approximately 9,631 shares changed hands during trading, an increase of 60% from the average daily volume of 6,011 shares. The stock had previously closed at $27.23.

WisdomTree Target Range Fund Price Performance

The business has a 50-day simple moving average of $26.35 and a 200-day simple moving average of $25.94. The firm has a market capitalization of $69.29 million, a PE ratio of 20.13 and a beta of 0.59.

Institutional Investors Weigh In On WisdomTree Target Range Fund

A hedge fund recently bought a new stake in WisdomTree Target Range Fund stock. Kestra Advisory Services LLC acquired a new stake in shares of WisdomTree Target Range Fund (NASDAQ:GTR) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,304 shares of the company’s stock, valued at approximately $58,000. Kestra Advisory Services LLC owned 0.10% of WisdomTree Target Range Fund at the end of the most recent reporting period.

About WisdomTree Target Range Fund

The WisdomTree Target Range Fund (GTR) is an exchange-traded fund that is based on the TOPS Global Equity Target Range index. The fund is an actively managed fund-of-funds that provides exposure to stocks from around the world while managing risk through a cash-secured call spread strategy. GTR was launched on Oct 7, 2021 and is managed by WisdomTree.