WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Hits New 52-Week High – Here’s Why

Shares of WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) reached a new 52-week high on Tuesday . The stock traded as high as $66.51 and last traded at $66.50, with a volume of 30407 shares traded. The stock had previously closed at $65.35.

WisdomTree U.S. Quality Growth Fund Price Performance

The stock has a market cap of $2.46 billion, a PE ratio of 36.83 and a beta of 1.29. The firm has a 50 day moving average of $59.35 and a two-hundred day moving average of $58.60.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. RFG Advisory LLC increased its position in WisdomTree U.S. Quality Growth Fund by 0.5% during the first quarter. RFG Advisory LLC now owns 37,566 shares of the company’s stock worth $2,007,000 after buying an additional 172 shares during the period. JPMorgan Chase & Co. increased its position in WisdomTree U.S. Quality Growth Fund by 8.1% during the second quarter. JPMorgan Chase & Co. now owns 2,605 shares of the company’s stock worth $137,000 after buying an additional 195 shares during the period. Park Avenue Securities LLC increased its position in WisdomTree U.S. Quality Growth Fund by 1.8% during the fourth quarter. Park Avenue Securities LLC now owns 11,653 shares of the company’s stock worth $684,000 after buying an additional 211 shares during the period. Flagship Harbor Advisors LLC increased its position in WisdomTree U.S. Quality Growth Fund by 0.6% during the fourth quarter. Flagship Harbor Advisors LLC now owns 61,334 shares of the company’s stock worth $3,598,000 after buying an additional 338 shares during the period. Finally, Great Valley Advisor Group Inc. increased its position in WisdomTree U.S. Quality Growth Fund by 2.1% during the second quarter. Great Valley Advisor Group Inc. now owns 17,801 shares of the company’s stock worth $935,000 after buying an additional 363 shares during the period.

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.