Shares of WisdomTree Alternative Income Fund (BATS:HYIN – Get Free Report) shot up 0.3% during trading on Thursday . The stock traded as high as $14.63 and last traded at $14.53. 13,243 shares were traded during trading, a decline of 57% from the average session volume of 30,812 shares. The stock had previously closed at $14.49.
WisdomTree Alternative Income Fund Price Performance
The company has a fifty day moving average of $14.62 and a two-hundred day moving average of $15.43. The stock has a market capitalization of $50.47 million, a P/E ratio of 9.57 and a beta of 0.99.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the company. Jane Street Group LLC acquired a new position in shares of WisdomTree Alternative Income Fund in the 1st quarter worth approximately $475,000. WealthPLAN Partners LLC acquired a new position in shares of WisdomTree Alternative Income Fund in the 4th quarter worth approximately $226,000. Osaic Holdings Inc. grew its position in shares of WisdomTree Alternative Income Fund by 18.9% in the 4th quarter. Osaic Holdings Inc. now owns 12,869 shares of the company’s stock worth $204,000 after acquiring an additional 2,047 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in shares of WisdomTree Alternative Income Fund in the 4th quarter worth approximately $80,000. Finally, Advisory Services Network LLC acquired a new position in shares of WisdomTree Alternative Income Fund in the 3rd quarter worth approximately $45,000.
About WisdomTree Alternative Income Fund
The WisdomTree Alternative Income Fund (HYIN) is an exchange-traded fund that is based on the Gapstow Liquid Alternative Credit index. The fund tracks an equal-weighted index of 35 publicly traded alternative credit vehicles (PACs). The selection of PACs is based on related exposure to alternative credit and trading requirements. HYIN was launched on May 6, 2021 and is managed by WisdomTree.
Featured Stories
- Five stocks we like better than WisdomTree Alternative Income Fund
- 3 Stocks to Own If Gas Prices Keep Rising
- 3 Crucial Aerospace Component Makers That Analysts Love
- Alphabet’s Googlebook Brings Gemini AI to PC Hardware
- Peloton Stock Gives Back Gains After Upbeat Earnings Report
Receive News & Ratings for WisdomTree Alternative Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree Alternative Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
