WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Sets New 1-Year High – Time to Buy?

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $57.97 and last traded at $57.93, with a volume of 130972 shares changing hands. The stock had previously closed at $57.51.

WisdomTree U.S. Quality Growth Fund Stock Performance

The stock has a market cap of $1.71 billion, a P/E ratio of 36.83 and a beta of -1.25. The stock’s fifty day simple moving average is $54.80 and its 200-day simple moving average is $49.80.

Institutional Trading of WisdomTree U.S. Quality Growth Fund

Institutional investors have recently bought and sold shares of the business. L.M. Kohn & Company boosted its holdings in WisdomTree U.S. Quality Growth Fund by 34.8% in the 1st quarter. L.M. Kohn & Company now owns 38,231 shares of the company’s stock valued at $1,678,000 after purchasing an additional 9,880 shares during the period. Dynamic Advisor Solutions LLC acquired a new position in shares of WisdomTree U.S. Quality Growth Fund in the 1st quarter valued at approximately $279,000. Park Avenue Securities LLC raised its position in shares of WisdomTree U.S. Quality Growth Fund by 100.4% in the 1st quarter. Park Avenue Securities LLC now owns 10,329 shares of the company’s stock valued at $453,000 after buying an additional 5,175 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of WisdomTree U.S. Quality Growth Fund by 60.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 9,190 shares of the company’s stock valued at $453,000 after buying an additional 3,471 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC raised its position in shares of WisdomTree U.S. Quality Growth Fund by 40.5% in the 1st quarter. GPS Wealth Strategies Group LLC now owns 267,122 shares of the company’s stock valued at $11,727,000 after buying an additional 77,016 shares in the last quarter.

WisdomTree U.S. Quality Growth Fund Company Profile

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.