WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW) Stock Price Up 0.1% – Here’s What Happened

WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW) shares rose 0.1% during trading on Thursday . The company traded as high as $33.24 and last traded at $33.18. Approximately 55,383 shares changed hands during trading, a decline of 49% from the average daily volume of 108,077 shares. The stock had previously closed at $33.16.

WisdomTree PutWrite Strategy Fund Stock Performance

The business’s 50 day simple moving average is $33.72 and its 200 day simple moving average is $33.35.

Hedge Funds Weigh In On WisdomTree PutWrite Strategy Fund

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Aptus Capital Advisors LLC boosted its stake in WisdomTree PutWrite Strategy Fund by 90.0% in the third quarter. Aptus Capital Advisors LLC now owns 950 shares of the company’s stock worth $31,000 after purchasing an additional 450 shares in the last quarter. Farther Finance Advisors LLC acquired a new stake in WisdomTree PutWrite Strategy Fund in the 3rd quarter valued at about $48,000. Northwestern Mutual Wealth Management Co. bought a new position in shares of WisdomTree PutWrite Strategy Fund in the second quarter worth about $134,000. Harbour Investments Inc. lifted its position in shares of WisdomTree PutWrite Strategy Fund by 29.8% during the third quarter. Harbour Investments Inc. now owns 8,740 shares of the company’s stock worth $289,000 after purchasing an additional 2,007 shares in the last quarter. Finally, Oppenheimer & Co. Inc. lifted its position in shares of WisdomTree PutWrite Strategy Fund by 73.2% during the third quarter. Oppenheimer & Co. Inc. now owns 12,009 shares of the company’s stock worth $397,000 after purchasing an additional 5,074 shares in the last quarter.

About WisdomTree PutWrite Strategy Fund

The WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW) is an exchange-traded fund that is based on the Cboe S&P 500 PutWrite index. The fund tracks an index that consists of short SPY put options and cash collateral. The index selects put options that target a premium of 2.5% and rolls its exposure twice a month.