WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW) Stock Price Down 0.5% – Here’s What Happened

WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTWGet Free Report)’s stock price fell 0.5% on Tuesday . The company traded as low as $31.04 and last traded at $31.10. 97,302 shares were traded during trading, an increase of 53% from the average session volume of 63,754 shares. The stock had previously closed at $31.26.

WisdomTree PutWrite Strategy Fund Stock Performance

The business’s 50-day moving average is $33.13 and its two-hundred day moving average is $33.28.

Hedge Funds Weigh In On WisdomTree PutWrite Strategy Fund

Several institutional investors have recently made changes to their positions in PUTW. NewEdge Advisors LLC acquired a new stake in shares of WisdomTree PutWrite Strategy Fund during the 2nd quarter worth approximately $1,300,000. Jane Street Group LLC acquired a new position in WisdomTree PutWrite Strategy Fund during the 1st quarter valued at approximately $800,000. Creative Planning grew its stake in WisdomTree PutWrite Strategy Fund by 82.2% during the 2nd quarter. Creative Planning now owns 27,098 shares of the company’s stock worth $868,000 after buying an additional 12,229 shares during the last quarter. Solutions 4 Wealth Ltd grew its stake in WisdomTree PutWrite Strategy Fund by 7.4% during the 2nd quarter. Solutions 4 Wealth Ltd now owns 166,383 shares of the company’s stock worth $5,331,000 after buying an additional 11,469 shares during the last quarter. Finally, Visionary Wealth Advisors increased its position in WisdomTree PutWrite Strategy Fund by 49.9% in the second quarter. Visionary Wealth Advisors now owns 34,099 shares of the company’s stock worth $1,093,000 after buying an additional 11,352 shares during the period.

WisdomTree PutWrite Strategy Fund Company Profile

(Get Free Report)

The WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW) is an exchange-traded fund that is based on the Cboe S&P 500 PutWrite index. The fund tracks an index that consists of short SPY put options and cash collateral. The index selects put options that target a premium of 2.5% and rolls its exposure twice a month. PUTW was launched on Feb 24, 2016 and is managed by WisdomTree.

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