WisdomTree Target Range Fund (NASDAQ:GTR) Shares Up 0.3% – Time to Buy?

WisdomTree Target Range Fund (NASDAQ:GTR)’s share price traded up 0.3% during trading on Thursday . The stock traded as high as $27.92 and last traded at $27.81. 852 shares were traded during trading, a decline of 85% from the average session volume of 5,734 shares. The stock had previously closed at $27.74.

WisdomTree Target Range Fund Trading Up 0.3%

The company’s 50-day moving average price is $27.21 and its two-hundred day moving average price is $26.48. The company has a market cap of $72.86 million, a P/E ratio of 20.13 and a beta of 0.59.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in WisdomTree Target Range Fund stock. Valmark Advisers Inc. grew its position in WisdomTree Target Range Fund (NASDAQ:GTR) by 5.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,360,343 shares of the company’s stock after acquiring an additional 127,779 shares during the quarter. Valmark Advisers Inc. owned approximately 91.49% of WisdomTree Target Range Fund worth $59,183,000 as of its most recent filing with the Securities and Exchange Commission.

WisdomTree Target Range Fund Company Profile

The WisdomTree Target Range Fund (GTR) is an exchange-traded fund that is based on the TOPS Global Equity Target Range index. The fund is an actively managed fund-of-funds that provides exposure to stocks from around the world while managing risk through a cash-secured call spread strategy. GTR was launched on Oct 7, 2021 and is managed by WisdomTree.