Short Interest in WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Decreases By 55.9%

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 36,668 shares, a decrease of 55.9% from the December 15th total of 83,146 shares. Based on an average daily trading volume, of 235,418 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 235,418 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of WisdomTree U.S. Quality Growth Fund

A number of institutional investors have recently made changes to their positions in the stock. Retirement Planning Group LLC grew its holdings in shares of WisdomTree U.S. Quality Growth Fund by 9.2% in 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 during the last quarter. Smith Anglin Financial LLC bought a new stake in shares of WisdomTree U.S. Quality Growth Fund in the 2nd quarter worth approximately $178,362,000. HighTower Advisors LLC lifted its position in shares of WisdomTree U.S. Quality Growth Fund by 64.6% in the 3rd quarter. HighTower Advisors LLC now owns 3,356,988 shares of the company’s stock worth $192,557,000 after purchasing an additional 1,317,154 shares during the period. Trust Point Inc. lifted its holdings in WisdomTree U.S. Quality Growth Fund by 0.3% in the third quarter. Trust Point Inc. now owns 2,637,754 shares of the company’s stock worth $151,302,000 after buying an additional 7,838 shares during the period. Finally, Bank of America Corp DE boosted its position in shares of WisdomTree U.S. Quality Growth Fund by 142.3% during 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 purchasing an additional 908,416 shares in the last quarter.

WisdomTree U.S. Quality Growth Fund Stock Down 1.3%

Shares of QGRW traded down $0.79 during trading hours on Wednesday, hitting $58.66. The company had a trading volume of 114,151 shares, compared to its average volume of 654,528. WisdomTree U.S. Quality Growth Fund has a 52-week low of $37.29 and a 52-week high of $60.76. The stock’s 50 day moving average price is $58.69 and its 200 day moving average price is $56.74. The firm has a market cap of $2.15 billion, a P/E ratio of 36.83 and a beta of 1.23.

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.