WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Stock Price Down 2% – Here’s What Happened

WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) fell 2% on Tuesday . The stock traded as low as $23.61 and last traded at $23.64. 3,902 shares changed hands during mid-day trading, an increase of 11% from the average session volume of 3,522 shares. The stock had previously closed at $24.13.

WisdomTree New Economy Real Estate Fund Stock Down 2.0%

The firm has a market cap of $15.37 million, a PE ratio of 1.27 and a beta of 0.99. The firm has a 50-day moving average price of $22.04 and a two-hundred day moving average price of $19.82.

Hedge Funds Weigh In On WisdomTree New Economy Real Estate Fund

Hedge funds and other institutional investors have recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in shares of WisdomTree New Economy Real Estate Fund in the second quarter valued at approximately $74,000. Virtu Financial LLC lifted its position in shares of WisdomTree New Economy Real Estate Fund by 17.5% in the first quarter. Virtu Financial LLC now owns 15,265 shares of the company’s stock valued at $264,000 after acquiring an additional 2,273 shares in the last quarter. Bank of America Corp DE lifted its position in shares of WisdomTree New Economy Real Estate Fund by 8.0% in the second quarter. Bank of America Corp DE now owns 18,190 shares of the company’s stock valued at $354,000 after acquiring an additional 1,344 shares in the last quarter. Flow Traders U.S. LLC lifted its position in shares of WisdomTree New Economy Real Estate Fund by 102.4% in the first quarter. Flow Traders U.S. LLC now owns 29,629 shares of the company’s stock valued at $513,000 after acquiring an additional 14,993 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in shares of WisdomTree New Economy Real Estate Fund by 165.4% in the first quarter. Jane Street Group LLC now owns 47,029 shares of the company’s stock valued at $815,000 after acquiring an additional 29,311 shares in the last quarter. Hedge funds and other 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.