WisdomTree Alternative Income Fund (BATS:HYIN – Get Free Report) was down 0.1% on Friday . The company traded as low as $14.17 and last traded at $14.19. Approximately 17,350 shares were traded during trading, a decline of 33% from the average session volume of 25,945 shares. The stock had previously closed at $14.20.
WisdomTree Alternative Income Fund Stock Performance
The firm has a market capitalization of $49.66 million, a PE ratio of 9.57 and a beta of 0.99. The company has a fifty day simple moving average of $14.21 and a two-hundred day simple moving average of $14.48.
Institutional Trading of WisdomTree Alternative Income Fund
A number of hedge funds have recently added to or reduced their stakes in the business. WealthPlan Investment Management LLC purchased a new position in WisdomTree Alternative Income Fund during the 4th quarter valued at about $2,183,000. Uhlmann Price Securities LLC bought a new position in shares of WisdomTree Alternative Income Fund during the first quarter valued at approximately $1,423,000. Cetera Investment Advisers boosted its stake in shares of WisdomTree Alternative Income Fund by 17.3% during the first quarter. Cetera Investment Advisers now owns 67,011 shares of the company’s stock valued at $966,000 after purchasing an additional 9,860 shares in the last quarter. Jane Street Group LLC purchased a new position in WisdomTree Alternative Income Fund during the first quarter valued at approximately $475,000. Finally, Prospera Financial Services Inc bought a new position in WisdomTree Alternative Income Fund in the fourth quarter worth approximately $344,000.
About WisdomTree Alternative Income Fund
The WisdomTree Alternative Income Fund (HYIN) is an exchange-traded fund that is based on the Gapstow Liquid Alternative Credit index. The fund tracks an equal-weighted index of 35 publicly traded alternative credit vehicles (PACs). The selection of PACs is based on related exposure to alternative credit and trading requirements. HYIN was launched on May 6, 2021 and is managed by WisdomTree.
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