WisdomTree Cybersecurity Fund (NASDAQ:WCBR) Shares Down 2.8% – Here’s What Happened

WisdomTree Cybersecurity Fund (NASDAQ:WCBRGet Free Report)’s share price traded down 2.8% during mid-day trading on Monday . The company traded as low as $40.98 and last traded at $41.17. Approximately 80,891 shares traded hands during mid-day trading, an increase of 59% from the average daily volume of 50,926 shares. The stock had previously closed at $42.37.

WisdomTree Cybersecurity Fund Trading Down 2.8%

The firm’s fifty day simple moving average is $36.88 and its 200 day simple moving average is $30.60. The company has a market cap of $118.57 million, a price-to-earnings ratio of 36.72 and a beta of 0.97.

Hedge Funds Weigh In On WisdomTree Cybersecurity Fund

A number of institutional investors and hedge funds have recently modified their holdings of WCBR. Bank of America Corp DE raised its stake in WisdomTree Cybersecurity Fund by 62.4% in the second quarter. Bank of America Corp DE now owns 50,962 shares of the company’s stock valued at $1,626,000 after buying an additional 19,589 shares in the last quarter. Nwam LLC boosted its position in shares of WisdomTree Cybersecurity Fund by 30.1% during the 4th quarter. Nwam LLC now owns 29,702 shares of the company’s stock worth $828,000 after acquiring an additional 6,877 shares in the last quarter. Creative Financial Designs Inc. ADV increased its holdings in shares of WisdomTree Cybersecurity Fund by 6.6% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 15,142 shares of the company’s stock valued at $422,000 after acquiring an additional 939 shares during the last quarter. HighTower Advisors LLC increased its holdings in shares of WisdomTree Cybersecurity Fund by 2.7% in the 4th quarter. HighTower Advisors LLC now owns 1,049,217 shares of the company’s stock valued at $29,224,000 after acquiring an additional 27,119 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its position in shares of WisdomTree Cybersecurity Fund by 80.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,800 shares of the company’s stock worth $45,000 after acquiring an additional 800 shares in the last quarter.

About WisdomTree Cybersecurity Fund

(Get Free Report)

The WisdomTree Cybersecurity Fund (WCBR) is an exchange-traded fund that is based on the WisdomTree Team8 Cybersecurity index. The fund tracks an index of developed market companies primarily involved in cybersecurity and security-oriented technology. WCBR was launched on Jan 28, 2021 and is managed by WisdomTree.

Further Reading

Receive News & Ratings for WisdomTree Cybersecurity Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree Cybersecurity Fund and related companies with MarketBeat.com's FREE daily email newsletter.