WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Stock Price Down 0.4% – Should You Sell?

WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE)’s stock price traded down 0.4% on Wednesday . The stock traded as low as $17.73 and last traded at $17.74. 308 shares changed hands during trading, a decline of 95% from the average session volume of 5,660 shares. The stock had previously closed at $17.82.

WisdomTree New Economy Real Estate Fund Stock Performance

The firm’s 50 day moving average is $17.43 and its 200-day moving average is $18.49. The stock has a market capitalization of $15.08 million, a price-to-earnings ratio of 35.68 and a beta of 0.98.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Flow Traders U.S. LLC acquired a new stake in shares of WisdomTree New Economy Real Estate Fund during the 3rd quarter valued at about $925,000. Jane Street Group LLC boosted its position in WisdomTree New Economy Real Estate Fund by 51.9% during the third quarter. Jane Street Group LLC now owns 25,512 shares of the company’s stock worth $508,000 after purchasing an additional 8,718 shares in the last quarter. Virtu Financial LLC acquired a new stake in WisdomTree New Economy Real Estate Fund in the fourth quarter valued at approximately $224,000. Finally, Murphy & Mullick Capital Management Corp purchased a new stake in shares of WisdomTree New Economy Real Estate Fund in the fourth quarter valued at approximately $44,000.

About WisdomTree New Economy Real Estate Fund

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.