WisdomTree Artificial Intelligence and Innovation Fund (BATS:WTAI) Stock Price Down 4.6% – What’s Next?

WisdomTree Artificial Intelligence and Innovation Fund (BATS:WTAI)’s share price dropped 4.6% on Thursday . The company traded as low as $21.99 and last traded at $22.15. Approximately 62,691 shares changed hands during mid-day trading, The stock had previously closed at $23.21.

WisdomTree Artificial Intelligence and Innovation Fund Trading Down 0.3 %

The company’s fifty day simple moving average is $21.48 and its 200 day simple moving average is $20.47. The stock has a market capitalization of $254.04 million, a P/E ratio of 29.23 and a beta of 1.74.

Institutional Trading of WisdomTree Artificial Intelligence and Innovation Fund

Hedge funds have recently made changes to their positions in the stock. Flow Traders U.S. LLC bought a new stake in WisdomTree Artificial Intelligence and Innovation Fund in the third quarter worth $2,132,000. Orca Investment Management LLC bought a new stake in WisdomTree Artificial Intelligence and Innovation Fund in the third quarter worth $1,449,000. Finally, Private Ocean LLC bought a new stake in WisdomTree Artificial Intelligence and Innovation Fund in the second quarter worth $96,000.

WisdomTree Artificial Intelligence and Innovation Fund Company Profile

The WisdomTree Artificial Intelligence and Innovation Fund (WTAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an equally-weighted index of globally-listed stocks whose businesses are derived from artificial intelligence and innovation. Selection and weighting are overseen by a committee.