WisdomTree Cloud Computing Fund (NASDAQ:WCLD – Get Free Report)’s share price was up 1.2% during mid-day trading on Wednesday . The company traded as high as $28.36 and last traded at $28.19. Approximately 637,938 shares changed hands during trading, a decline of 46% from the average daily volume of 1,184,579 shares. The stock had previously closed at $27.85.
WisdomTree Cloud Computing Fund Stock Performance
The stock has a market capitalization of $241.02 million, a P/E ratio of -15.68 and a beta of 1.13. The business has a fifty day simple moving average of $27.54 and a 200-day simple moving average of $31.71.
Hedge Funds Weigh In On WisdomTree Cloud Computing Fund
Institutional investors and hedge funds have recently modified their holdings of the business. AlphaCore Capital LLC bought a new position in shares of WisdomTree Cloud Computing Fund during the 4th quarter worth approximately $31,000. Rockefeller Capital Management L.P. lifted its holdings in shares of WisdomTree Cloud Computing Fund by 312.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,406 shares of the company’s stock worth $49,000 after purchasing an additional 1,065 shares in the last quarter. Flagship Harbor Advisors LLC bought a new position in shares of WisdomTree Cloud Computing Fund in the 4th quarter worth $63,000. Kestra Advisory Services LLC bought a new position in shares of WisdomTree Cloud Computing Fund in the 4th quarter worth $66,000. Finally, Smartleaf Asset Management LLC raised its position in WisdomTree Cloud Computing Fund by 17.3% in the 2nd quarter. Smartleaf Asset Management LLC now owns 4,428 shares of the company’s stock valued at $158,000 after buying an additional 653 shares during the last quarter.
About WisdomTree Cloud Computing Fund
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.
Further Reading
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