WisdomTree Cloud Computing Fund (NASDAQ:WCLD) Trading Up 0.2% – Here’s Why

WisdomTree Cloud Computing Fund (NASDAQ:WCLDGet Free Report) shot up 0.2% during trading on Thursday . The company traded as high as $33.92 and last traded at $33.14. 2,073,579 shares traded hands during trading, an increase of 79% from the average session volume of 1,159,518 shares. The stock had previously closed at $33.08.

WisdomTree Cloud Computing Fund Trading Up 0.2%

The stock has a market capitalization of $277.71 million, a price-to-earnings ratio of -15.68 and a beta of 1.04. The stock has a 50-day simple moving average of $28.51 and a 200 day simple moving average of $30.56.

Institutional Investors Weigh In On WisdomTree Cloud Computing Fund

A number of institutional investors have recently bought and sold shares of the business. Y.D. More Investments Ltd increased its position in WisdomTree Cloud Computing Fund by 8.6% in the 3rd quarter. Y.D. More Investments Ltd now owns 5,701 shares of the company’s stock worth $200,000 after buying an additional 450 shares during the period. Smartleaf Asset Management LLC increased its position in WisdomTree Cloud Computing Fund by 17.3% in the 2nd quarter. Smartleaf Asset Management LLC now owns 4,428 shares of the company’s stock worth $158,000 after buying an additional 653 shares during the period. Creative Financial Designs Inc. ADV increased its position in WisdomTree Cloud Computing Fund by 6.1% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 12,882 shares of the company’s stock worth $451,000 after buying an additional 737 shares during the period. AlphaCore Capital LLC bought a new stake in shares of WisdomTree Cloud Computing Fund during the fourth quarter valued at approximately $31,000. Finally, Rockefeller Capital Management L.P. increased its position in shares of WisdomTree Cloud Computing Fund by 312.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,406 shares of the company’s stock valued at $49,000 after purchasing an additional 1,065 shares during the period.

WisdomTree Cloud Computing Fund Company Profile

(Get Free Report)

The WisdomTree Cloud Computing Fund (WCLD) is an exchange-traded fund that is based on the BVP Nasdaq Emerging Cloud index. The fund tracks and index of US companies primarily focused on cloud software and services. Stocks are equal weighted in the index. WCLD was launched on Sep 6, 2019 and is managed by WisdomTree.

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