WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Shares Down 1% – Time to Sell?

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW)’s stock price dropped 1% on Monday . The stock traded as low as $65.33 and last traded at $65.59. 231,097 shares traded hands during trading, a decline of 36% from the average daily volume of 360,548 shares. The stock had previously closed at $66.26.

WisdomTree U.S. Quality Growth Fund Trading Down 1.0%

The company has a market cap of $2.43 billion, a P/E ratio of 36.83 and a beta of 1.31. The firm’s 50 day moving average price is $64.02 and its 200-day moving average price is $59.70.

Hedge Funds Weigh In On WisdomTree U.S. Quality Growth Fund

Several large investors have recently bought and sold shares of the business. Bravias Capital Group LLC grew its holdings in WisdomTree U.S. Quality Growth Fund by 24.7% during the 4th quarter. Bravias Capital Group LLC now owns 31,407 shares of the company’s stock worth $1,843,000 after acquiring an additional 6,220 shares during the period. NBC Securities Inc. lifted its stake in shares of WisdomTree U.S. Quality Growth Fund by 0.7% in the 4th quarter. NBC Securities Inc. now owns 88,006 shares of the company’s stock valued at $5,163,000 after purchasing an additional 645 shares during the period. Private Trust Co. NA lifted its stake in shares of WisdomTree U.S. Quality Growth Fund by 271.4% in the 4th quarter. Private Trust Co. NA now owns 2,637 shares of the company’s stock valued at $155,000 after purchasing an additional 1,927 shares during the period. Oxinas Partners LLC lifted its stake in shares of WisdomTree U.S. Quality Growth Fund by 1.8% in the 4th quarter. Oxinas Partners LLC now owns 174,525 shares of the company’s stock valued at $10,239,000 after purchasing an additional 3,073 shares during the period. Finally, United Advisor Group LLC boosted its position in shares of WisdomTree U.S. Quality Growth Fund by 19.4% in the 4th quarter. United Advisor Group LLC now owns 13,400 shares of the company’s stock worth $786,000 after purchasing an additional 2,173 shares during 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.