WisdomTree Cybersecurity Fund (NASDAQ:WCBR) Stock Price Up 0.8% – Should You Buy?

Shares of WisdomTree Cybersecurity Fund (NASDAQ:WCBR) shot up 0.8% during mid-day trading on Wednesday . The stock traded as high as $29.55 and last traded at $29.49. 22,202 shares traded hands during mid-day trading, a decline of 49% from the average session volume of 43,650 shares. The stock had previously closed at $29.26.

WisdomTree Cybersecurity Fund Stock Performance

The firm’s 50-day simple moving average is $30.03 and its 200 day simple moving average is $27.95. The stock has a market capitalization of $119.14 million, a P/E ratio of 42.35 and a beta of 0.85.

WisdomTree Cybersecurity Fund Announces Dividend

The business also recently announced a dividend, which was paid on Monday, December 30th. Investors of record on Thursday, December 26th were issued a dividend of $0.0067 per share. The ex-dividend date was Thursday, December 26th.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of WCBR. Armis Advisers LLC bought a new stake in shares of WisdomTree Cybersecurity Fund during the 4th quarter worth approximately $518,000. JPMorgan Chase & Co. raised its position in WisdomTree Cybersecurity Fund by 14.6% during the fourth quarter. JPMorgan Chase & Co. now owns 3,932 shares of the company’s stock worth $111,000 after acquiring an additional 501 shares in the last quarter. NewEdge Advisors LLC lifted its stake in WisdomTree Cybersecurity Fund by 4.0% in the fourth quarter. NewEdge Advisors LLC now owns 86,364 shares of the company’s stock valued at $2,441,000 after acquiring an additional 3,316 shares during the last quarter. Demars Financial Group LLC lifted its stake in WisdomTree Cybersecurity Fund by 1,456.0% in the fourth quarter. Demars Financial Group LLC now owns 345,422 shares of the company’s stock valued at $9,762,000 after acquiring an additional 323,223 shares during the last quarter. Finally, Nwam LLC grew its position in shares of WisdomTree Cybersecurity Fund by 35.0% in the 4th quarter. Nwam LLC now owns 25,626 shares of the company’s stock valued at $724,000 after acquiring an additional 6,642 shares during the period.

About WisdomTree Cybersecurity Fund

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.