WisdomTree Cybersecurity Fund (NASDAQ:WCBR) Shares Down 0.9% – Should You Sell?

WisdomTree Cybersecurity Fund (NASDAQ:WCBR) dropped 0.9% during mid-day trading on Monday . The stock traded as low as $38.92 and last traded at $38.93. 33,329 shares were traded during trading, a decline of 30% from the average session volume of 47,729 shares. The stock had previously closed at $39.28.

WisdomTree Cybersecurity Fund Stock Performance

The firm has a market capitalization of $110.56 million, a price-to-earnings ratio of 36.72 and a beta of 0.97. The business’s 50 day moving average is $34.30 and its 200-day moving average is $28.99.

Institutional Investors Weigh In On WisdomTree Cybersecurity Fund

Several hedge funds and other institutional investors have recently made changes to their positions in WCBR. HighTower Advisors LLC increased its stake in shares of WisdomTree Cybersecurity Fund by 2.7% in the fourth quarter. HighTower Advisors LLC now owns 1,049,217 shares of the company’s stock worth $29,224,000 after purchasing an additional 27,119 shares during the period. Procyon Advisors LLC boosted its stake in WisdomTree Cybersecurity Fund by 0.7% during the 4th quarter. Procyon Advisors LLC now owns 98,921 shares of the company’s stock valued at $2,755,000 after purchasing an additional 682 shares during the period. Bank of America Corp DE boosted its stake in WisdomTree Cybersecurity Fund by 41.8% during the 1st quarter. Bank of America Corp DE now owns 94,879 shares of the company’s stock valued at $2,367,000 after purchasing an additional 27,975 shares during the period. Sunbelt Securities Inc. grew its holdings in WisdomTree Cybersecurity Fund by 19.8% in the 4th quarter. Sunbelt Securities Inc. now owns 78,717 shares of the company’s stock valued at $2,193,000 after buying an additional 13,004 shares during the last quarter. Finally, Jane Street Group LLC grew its holdings in WisdomTree Cybersecurity Fund by 231.8% in the 1st quarter. Jane Street Group LLC now owns 60,865 shares of the company’s stock valued at $1,649,000 after buying an additional 42,520 shares during the last quarter.

About WisdomTree Cybersecurity Fund

The WisdomTree Cybersecurity Fund (WCBR) is an exchange-traded fund that is based on the WisdomTree Team8 Cybersecurity index. The fund tracks an index of developed market companies primarily involved in cybersecurity and security-oriented technology. WCBR was launched on Jan 28, 2021 and is managed by WisdomTree.