WisdomTree Cloud Computing Fund (NASDAQ:WCLD) Shares Down 1.3% – Here’s What Happened

WisdomTree Cloud Computing Fund (NASDAQ:WCLDGet Free Report)’s share price traded down 1.3% during trading on Monday . The company traded as low as $36.42 and last traded at $37.30. 460,563 shares traded hands during mid-day trading, an increase of 116% from the average session volume of 213,545 shares. The stock had previously closed at $37.81.

WisdomTree Cloud Computing Fund Price Performance

The business has a 50 day moving average price of $39.10 and a 200 day moving average price of $35.84. The firm has a market capitalization of $452.45 million, a P/E ratio of -15.68 and a beta of 1.09.

Hedge Funds Weigh In On WisdomTree Cloud Computing Fund

A number of institutional investors have recently made changes to their positions in the business. Curi RMB Capital LLC bought a new position in shares of WisdomTree Cloud Computing Fund in the fourth quarter worth about $14,044,000. Stonebridge Financial Group LLC bought a new position in shares of WisdomTree Cloud Computing Fund in the fourth quarter worth about $12,270,000. Summit Trail Advisors LLC increased its stake in shares of WisdomTree Cloud Computing Fund by 24.1% in the fourth quarter. Summit Trail Advisors LLC now owns 255,743 shares of the company’s stock worth $9,595,000 after purchasing an additional 49,719 shares during the period. Raymond James Financial Inc. bought a new position in shares of WisdomTree Cloud Computing Fund in the fourth quarter worth about $5,663,000. Finally, Ieq Capital LLC grew its position in WisdomTree Cloud Computing Fund by 36.7% during the fourth quarter. Ieq Capital LLC now owns 144,891 shares of the company’s stock worth $5,436,000 after buying an additional 38,910 shares in the last quarter.

About WisdomTree Cloud Computing Fund

(Get Free Report)

The WisdomTree Cloud Computing Fund (WCLD) is an exchange-traded fund that is based on the BVP Nasdaq Emerging Cloud index. The fund tracks and index of US companies primarily focused on cloud software and services. Stocks are equal weighted in the index. WCLD was launched on Sep 6, 2019 and is managed by WisdomTree.

Featured Articles

Receive News & Ratings for WisdomTree Cloud Computing Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree Cloud Computing Fund and related companies with MarketBeat.com's FREE daily email newsletter.