WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Sees Significant Drop in Short Interest

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) was the recipient of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 39,028 shares, a decrease of 67.5% from the July 30th total of 120,149 shares. Based on an average daily trading volume, of 221,299 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

WisdomTree U.S. Quality Growth Fund Trading Up 0.0%

Shares of NYSEARCA QGRW opened at $66.91 on Thursday. WisdomTree U.S. Quality Growth Fund has a 12 month low of $50.94 and a 12 month high of $69.00. The firm has a market capitalization of $2.82 billion, a price-to-earnings ratio of 36.83 and a beta of 1.32. The business has a 50-day moving average of $65.90 and a 200-day moving average of $62.04.

Institutional Trading of WisdomTree U.S. Quality Growth Fund

Hedge funds have recently added to or reduced their stakes in the business. RFG Advisory LLC lifted its stake in shares of WisdomTree U.S. Quality Growth Fund by 0.5% in the 1st quarter. RFG Advisory LLC now owns 37,566 shares of the company’s stock valued at $2,007,000 after acquiring an additional 172 shares during the last quarter. JPMorgan Chase & Co. grew its position in WisdomTree U.S. Quality Growth Fund by 8.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,605 shares of the company’s stock worth $137,000 after acquiring an additional 195 shares during the last quarter. Great Valley Advisor Group Inc. increased its stake in WisdomTree U.S. Quality Growth Fund by 2.1% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 17,801 shares of the company’s stock worth $935,000 after purchasing an additional 363 shares during the period. Falcon Wealth Planning increased its stake in WisdomTree U.S. Quality Growth Fund by 7.7% in the 1st quarter. Falcon Wealth Planning now owns 5,678 shares of the company’s stock worth $303,000 after purchasing an additional 404 shares during the period. Finally, ZEGA Investments LLC increased its stake in WisdomTree U.S. Quality Growth Fund by 8.6% in the 2nd quarter. ZEGA Investments LLC now owns 5,694 shares of the company’s stock worth $376,000 after purchasing an additional 451 shares during the period.

WisdomTree U.S. Quality Growth Fund Company Profile

The Wisdomtree U.S. Quality Growth Fund (QGRW) is an exchange-traded fund that is based on the WisdomTree U.S. Quality Growth index. The fund tracks a market cap-weighted index of 100 large-cap growth companies in the US that exhibit the strongest quality characteristics relative to their peers. QGRW was launched on Dec 15, 2022 and is managed by WisdomTree.