WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Trading 0.7% Higher – Here’s What Happened

WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE)’s share price rose 0.7% during trading on Monday . The company traded as high as $16.76 and last traded at $16.76. Approximately 1,119 shares changed hands during trading, a decline of 49% from the average daily volume of 2,188 shares. The stock had previously closed at $16.65.

WisdomTree New Economy Real Estate Fund Stock Performance

The company has a market cap of $18.44 million, a price-to-earnings ratio of 23.52 and a beta of 1.07. The company’s fifty day moving average is $18.00 and its two-hundred day moving average is $18.63.

Hedge Funds Weigh In On WisdomTree New Economy Real Estate Fund

A hedge fund recently bought a new stake in WisdomTree New Economy Real Estate Fund stock. Flow Traders U.S. LLC acquired a new position in WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 46,455 shares of the company’s stock, valued at approximately $925,000. Flow Traders U.S. LLC owned 4.22% of WisdomTree New Economy Real Estate Fund as of its most recent filing with the Securities & Exchange Commission.

About WisdomTree New Economy Real Estate Fund

The WisdomTree New Economy Real Estate ETF (WTRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a tier-weighted index of global real estate companies that have direct and\u002For indirect exposure to technology, sciences, or e-commerce. Holdings are selected based on a proprietary technology score and a leverage screening.