WisdomTree U.S. Efficient Core Fund (NYSEARCA:NTSX) Sets New 12-Month High – Still a Buy?

WisdomTree U.S. Efficient Core Fund (NYSEARCA:NTSX)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $60.98 and last traded at $61.1250, with a volume of 6050 shares changing hands. The stock had previously closed at $60.42.

WisdomTree U.S. Efficient Core Fund Trading Up 0.7%

The stock has a market cap of $1.41 billion, a P/E ratio of 25.07 and a beta of 1.03. The firm’s 50-day simple moving average is $58.91 and its 200 day simple moving average is $56.74.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of NTSX. 46 Peaks LLC bought a new position in shares of WisdomTree U.S. Efficient Core Fund in the fourth quarter valued at approximately $23,487,000. Barnes Wealth Management Group Inc raised its holdings in WisdomTree U.S. Efficient Core Fund by 12.8% during the fourth quarter. Barnes Wealth Management Group Inc now owns 8,065 shares of the company’s stock worth $442,000 after purchasing an additional 914 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new position in shares of WisdomTree U.S. Efficient Core Fund during the 4th quarter valued at $31,000. Evolution Wealth Management Inc. increased its position in shares of WisdomTree U.S. Efficient Core Fund by 562.8% during the 4th quarter. Evolution Wealth Management Inc. now owns 623 shares of the company’s stock valued at $34,000 after purchasing an additional 529 shares during the period. Finally, Harbour Investments Inc. raised its stake in shares of WisdomTree U.S. Efficient Core Fund by 6.2% in the 4th quarter. Harbour Investments Inc. now owns 7,123 shares of the company’s stock worth $390,000 after buying an additional 414 shares in the last quarter.

About WisdomTree U.S. Efficient Core Fund

The WisdomTree U.S. Efficient Core Fund (NTSX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed portfolio of US equities and US Treasury futures contracts. NTSX was launched on Aug 2, 2018 and is managed by WisdomTree.