WisdomTree Cloud Computing Fund (NASDAQ:WCLD – Get Free Report) shares were down 2.9% during trading on Tuesday . The company traded as low as $39.29 and last traded at $39.52. 1,088,906 shares traded hands during trading, an increase of 3% from the average daily volume of 1,052,239 shares. The stock had previously closed at $40.72.
WisdomTree Cloud Computing Fund Trading Down 0.1%
The firm has a market capitalization of $296.19 million, a price-to-earnings ratio of -15.68 and a beta of 1.09. The stock has a fifty day moving average price of $37.56 and a 200-day moving average price of $31.90.
Institutional Investors Weigh In On WisdomTree Cloud Computing Fund
Several large investors have recently made changes to their positions in the company. AlphaCore Capital LLC bought a new position in WisdomTree Cloud Computing Fund during the 4th quarter valued at about $31,000. Rockefeller Capital Management L.P. increased its holdings in shares of WisdomTree Cloud Computing Fund by 312.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,406 shares of the company’s stock worth $49,000 after buying an additional 1,065 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of WisdomTree Cloud Computing Fund during the fourth quarter worth approximately $66,000. Smartleaf Asset Management LLC raised its stake in shares of 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 acquiring an additional 653 shares during the last quarter. Finally, Trexquant Investment LP bought a new position in shares of WisdomTree Cloud Computing Fund in the fourth quarter valued at approximately $209,000.
About WisdomTree Cloud Computing Fund
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.
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