WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Stock Price Down 0.1% – Here’s What Happened

WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE)’s stock price traded down 0.1% on Thursday . The stock traded as low as $17.57 and last traded at $17.61. 904 shares changed hands during mid-day trading, a decline of 75% from the average session volume of 3,681 shares. The stock had previously closed at $17.63.

WisdomTree New Economy Real Estate Fund Stock Down 0.1 %

The company’s fifty day moving average is $17.54 and its two-hundred day moving average is $18.34. The stock has a market cap of $14.97 million, a price-to-earnings ratio of 31.95 and a beta of 1.00.

Hedge Funds Weigh In On WisdomTree New Economy Real Estate Fund

Several hedge funds have recently added to or reduced their stakes in the stock. Murphy & Mullick Capital Management Corp purchased a new position in WisdomTree New Economy Real Estate Fund in the fourth quarter valued at approximately $44,000. Virtu Financial LLC purchased a new position in WisdomTree New Economy Real Estate Fund in the fourth quarter valued at approximately $224,000. Jane Street Group LLC increased its stake in WisdomTree New Economy Real Estate Fund by 51.9% in the third quarter. Jane Street Group LLC now owns 25,512 shares of the company’s stock valued at $508,000 after purchasing an additional 8,718 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in WisdomTree New Economy Real Estate Fund in the third quarter valued at approximately $925,000.

WisdomTree New Economy Real Estate Fund Company Profile

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.