Stock Traders Buy High Volume of Put Options on WisdomTree Cloud Computing Fund (NASDAQ:WCLD)

WisdomTree Cloud Computing Fund (NASDAQ:WCLDGet Free Report) saw some unusual options trading activity on Monday. Traders acquired 3,546 put options on the company. This represents an increase of 5,039% compared to the typical daily volume of 69 put options.

Institutional Trading of WisdomTree Cloud Computing Fund

A number of hedge funds and other institutional investors have recently modified their holdings of WCLD. AlphaCore Capital LLC bought a new position in shares of WisdomTree Cloud Computing Fund in the 4th quarter valued at $31,000. Rockefeller Capital Management L.P. increased its holdings in 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. Kestra Advisory Services LLC acquired a new position in WisdomTree Cloud Computing Fund in the 4th quarter worth about $66,000. Smartleaf Asset Management LLC raised its position in WisdomTree Cloud Computing Fund by 17.3% in the second quarter. Smartleaf Asset Management LLC now owns 4,428 shares of the company’s stock valued at $158,000 after purchasing an additional 653 shares during the last quarter. Finally, Trexquant Investment LP bought a new position in WisdomTree Cloud Computing Fund in the fourth quarter valued at about $209,000.

WisdomTree Cloud Computing Fund Price Performance

WCLD stock traded down $0.92 during trading on Monday, reaching $39.85. 201,533 shares of the company were exchanged, compared to its average volume of 1,088,661. The company has a 50-day moving average of $33.84 and a two-hundred day moving average of $30.37. The company has a market capitalization of $303.69 million, a price-to-earnings ratio of -15.68 and a beta of 1.07. WisdomTree Cloud Computing Fund has a twelve month low of $23.89 and a twelve month high of $42.08.

WisdomTree Cloud Computing Fund Company Profile

(Get Free Report)

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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