WisdomTree Cloud Computing Fund (NASDAQ:WCLD – Get Free Report) shares were down 0.2% during trading on Friday . The stock traded as low as $34.22 and last traded at $34.79. 1,126,897 shares changed hands during trading, a decline of 0% from the average session volume of 1,127,107 shares. The stock had previously closed at $34.86.
WisdomTree Cloud Computing Fund Trading Down 0.2%
The firm has a 50 day simple moving average of $31.47 and a two-hundred day simple moving average of $30.00. The company has a market capitalization of $259.19 million, a PE ratio of -15.68 and a beta of 1.09.
Hedge Funds Weigh In On WisdomTree Cloud Computing Fund
A number of hedge funds and other institutional investors have recently bought and sold shares of WCLD. Bank of America Corp DE increased its stake in WisdomTree Cloud Computing Fund by 332.2% in the 1st quarter. Bank of America Corp DE now owns 174,838 shares of the company’s stock valued at $4,777,000 after buying an additional 134,389 shares during the period. Royal Bank of Canada lifted its stake in shares of WisdomTree Cloud Computing Fund by 12.1% in the 1st quarter. Royal Bank of Canada now owns 34,599 shares of the company’s stock worth $946,000 after acquiring an additional 3,724 shares during the period. Renaissance Technologies LLC acquired a new stake in shares of WisdomTree Cloud Computing Fund in the 1st quarter worth $519,000. Clearwater Capital Advisors LLC boosted its holdings in shares of WisdomTree Cloud Computing Fund by 19.2% in the first quarter. Clearwater Capital Advisors LLC now owns 261,011 shares of the company’s stock valued at $7,131,000 after acquiring an additional 42,055 shares in the last quarter. Finally, Lodestar Private Asset Management LLC boosted its holdings in shares of WisdomTree Cloud Computing Fund by 125.2% in the first quarter. Lodestar Private Asset Management LLC now owns 13,103 shares of the company’s stock valued at $358,000 after acquiring an additional 7,285 shares in the last quarter.
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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