WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Stock Price Down 0.2% – Here’s What Happened

WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) shares traded down 0.2% during trading on Thursday . The company traded as low as $24.04 and last traded at $24.13. Approximately 3,105 shares changed hands during trading, a decline of 18% from the average daily volume of 3,766 shares. The stock had previously closed at $24.19.

WisdomTree New Economy Real Estate Fund Stock Down 0.2%

The stock has a market capitalization of $15.68 million, a PE ratio of 1.30 and a beta of 1.06. The firm has a 50 day moving average price of $25.18 and a 200 day moving average price of $24.01.

Institutional Investors Weigh In On WisdomTree New Economy Real Estate Fund

Several institutional investors have recently bought and sold shares of the stock. Western Wealth Management LLC purchased a new stake in WisdomTree New Economy Real Estate Fund in the 1st quarter valued at $34,000. Raymond James Financial Inc. bought a new position in WisdomTree New Economy Real Estate Fund during the 2nd quarter valued at $74,000. Bank of America Corp DE boosted its holdings in WisdomTree New Economy Real Estate Fund by 8.0% during the 2nd quarter. Bank of America Corp DE now owns 18,190 shares of the company’s stock worth $354,000 after acquiring an additional 1,344 shares during the last quarter. LPL Financial LLC boosted its holdings in WisdomTree New Economy Real Estate Fund by 50.7% during the 4th quarter. LPL Financial LLC now owns 21,233 shares of the company’s stock worth $452,000 after acquiring an additional 7,142 shares during the last quarter. Finally, Jane Street Group LLC grew its stake in shares of WisdomTree New Economy Real Estate Fund by 165.4% in the 1st quarter. Jane Street Group LLC now owns 47,029 shares of the company’s stock worth $815,000 after acquiring an additional 29,311 shares in the last quarter. Institutional investors own 59.41% of the company’s stock.

WisdomTree New Economy Real Estate Fund Company Profile

The WisdomTree New Economy Real Estate ETF (WTRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a tier-weighted index of global real estate companies that have direct and\u002For indirect exposure to technology, sciences, or e-commerce. Holdings are selected based on a proprietary technology score and a leverage screening. WTRE was launched on Jun 5, 2007 and is managed by WisdomTree.