WisdomTree Cybersecurity Fund (NASDAQ:WCBR) Stock Price Down 1.3% – Here’s Why

Shares of WisdomTree Cybersecurity Fund (NASDAQ:WCBR) dropped 1.3% on Wednesday . The company traded as low as $31.95 and last traded at $32.00. Approximately 7,152 shares changed hands during trading, a decline of 85% from the average daily volume of 49,220 shares. The stock had previously closed at $32.42.

WisdomTree Cybersecurity Fund Price Performance

The firm has a market cap of $95.04 million, a price-to-earnings ratio of 36.72 and a beta of 0.99. The firm has a fifty day simple moving average of $29.54 and a two-hundred day simple moving average of $27.75.

Institutional Investors Weigh In On WisdomTree Cybersecurity Fund

Several institutional investors have recently added to or reduced their stakes in the business. HighTower Advisors LLC boosted its holdings in WisdomTree Cybersecurity Fund by 2.7% in the fourth quarter. HighTower Advisors LLC now owns 1,049,217 shares of the company’s stock worth $29,224,000 after acquiring an additional 27,119 shares in the last quarter. Procyon Advisors LLC boosted its holdings in WisdomTree Cybersecurity Fund by 0.7% in the fourth quarter. Procyon Advisors LLC now owns 98,921 shares of the company’s stock worth $2,755,000 after acquiring an additional 682 shares in the last quarter. Bank of America Corp DE boosted its holdings in WisdomTree Cybersecurity Fund by 41.8% in the first quarter. Bank of America Corp DE now owns 94,879 shares of the company’s stock worth $2,367,000 after acquiring an additional 27,975 shares in the last quarter. Sunbelt Securities Inc. boosted its holdings in WisdomTree Cybersecurity Fund by 19.8% in the fourth quarter. Sunbelt Securities Inc. now owns 78,717 shares of the company’s stock worth $2,193,000 after acquiring an additional 13,004 shares in the last quarter. Finally, Jane Street Group LLC boosted its holdings in WisdomTree Cybersecurity Fund by 231.8% in the first quarter. Jane Street Group LLC now owns 60,865 shares of the company’s stock worth $1,649,000 after acquiring an additional 42,520 shares in the last quarter.

WisdomTree Cybersecurity Fund Company Profile

The WisdomTree Cybersecurity Fund (WCBR) is an exchange-traded fund that is based on the WisdomTree Team8 Cybersecurity index. The fund tracks an index of developed market companies primarily involved in cybersecurity and security-oriented technology. WCBR was launched on Jan 28, 2021 and is managed by WisdomTree.