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

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

WisdomTree New Economy Real Estate Fund Stock Down 0.8 %

The stock has a market capitalization of $14.85 million, a P/E ratio of 31.95 and a beta of 1.00. The firm has a fifty day moving average price of $17.55 and a two-hundred day moving average price of $18.33.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in WTRE. Flow Traders U.S. LLC purchased a new stake in shares of WisdomTree New Economy Real Estate Fund in the third quarter worth approximately $925,000. Jane Street Group LLC increased its holdings in shares of 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 period. Virtu Financial LLC acquired a new stake in WisdomTree New Economy Real Estate Fund during the 4th quarter valued at approximately $224,000. Finally, Murphy & Mullick Capital Management Corp acquired a new stake in WisdomTree New Economy Real Estate Fund during the 4th quarter worth about $44,000.

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.