WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Trading 0.2% Higher – What’s Next?

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW)’s share price rose 0.2% during trading on Wednesday . The company traded as high as $59.55 and last traded at $59.51. Approximately 313,754 shares traded hands during mid-day trading, an increase of 15% from the average daily volume of 273,647 shares. The stock had previously closed at $59.40.

WisdomTree U.S. Quality Growth Fund Stock Performance

The firm has a market capitalization of $1.96 billion, a price-to-earnings ratio of 36.83 and a beta of 1.23. The company has a 50 day moving average price of $58.68 and a two-hundred day moving average price of $55.88.

Institutional Trading of WisdomTree U.S. Quality Growth Fund

Several institutional investors have recently modified their holdings of the stock. Retirement Planning Group LLC increased its stake in shares of WisdomTree U.S. Quality Growth Fund by 9.2% during the third quarter. Retirement Planning Group LLC now owns 4,093,976 shares of the company’s stock worth $234,830,000 after purchasing an additional 344,356 shares in the last quarter. Smith Anglin Financial LLC acquired a new stake in WisdomTree U.S. Quality Growth Fund in the 2nd quarter worth about $178,362,000. HighTower Advisors LLC increased its stake in WisdomTree U.S. Quality Growth Fund by 64.6% during the 3rd quarter. HighTower Advisors LLC now owns 3,356,988 shares of the company’s stock worth $192,557,000 after buying an additional 1,317,154 shares in the last quarter. Trust Point Inc. raised its holdings in shares of WisdomTree U.S. Quality Growth Fund by 0.3% during the third quarter. Trust Point Inc. now owns 2,637,754 shares of the company’s stock valued at $151,302,000 after acquiring an additional 7,838 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in shares of WisdomTree U.S. Quality Growth Fund by 142.3% in the third quarter. Bank of America Corp DE now owns 1,546,733 shares of the company’s stock valued at $88,721,000 after acquiring an additional 908,416 shares in the last quarter.

About WisdomTree U.S. Quality Growth Fund

The Wisdomtree U.S. Quality Growth Fund (QGRW) is an exchange-traded fund that is based on the WisdomTree U.S. Quality Growth index. The fund tracks a market cap-weighted index of 100 large-cap growth companies in the US that exhibit the strongest quality characteristics relative to their peers. QGRW was launched on Dec 15, 2022 and is managed by WisdomTree.