WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW – Get Free Report) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 89,105 shares, an increase of 128.3% from the August 15th total of 39,028 shares. Based on an average daily trading volume, of 207,243 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the company’s stock are sold short.
Institutional Trading of WisdomTree U.S. Quality Growth Fund
A number of large investors have recently made changes to their positions in QGRW. Bank of America Corp DE raised its stake in WisdomTree U.S. Quality Growth Fund by 142.3% during the 3rd quarter. Bank of America Corp DE now owns 1,546,733 shares of the company’s stock valued at $88,721,000 after buying an additional 908,416 shares during the last quarter. Osaic Holdings Inc. increased its position in WisdomTree U.S. Quality Growth Fund by 697.0% during the fourth quarter. Osaic Holdings Inc. now owns 374,511 shares of the company’s stock valued at $21,974,000 after acquiring an additional 327,521 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in WisdomTree U.S. Quality Growth Fund by 41.1% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,021,046 shares of the company’s stock valued at $54,554,000 after acquiring an additional 297,582 shares during the period. Cetera Investment Advisers boosted its position in WisdomTree U.S. Quality Growth Fund by 333.1% in the fourth quarter. Cetera Investment Advisers now owns 371,378 shares of the company’s stock worth $21,789,000 after purchasing an additional 285,623 shares during the last quarter. Finally, Quattro Advisors LLC purchased a new position in WisdomTree U.S. Quality Growth Fund in the fourth quarter worth about $14,873,000.
WisdomTree U.S. Quality Growth Fund Price Performance
Shares of NYSEARCA:QGRW opened at $66.85 on Monday. The business has a fifty day moving average price of $66.40 and a 200-day moving average price of $62.90. The company has a market capitalization of $2.82 billion, a PE ratio of 36.83 and a beta of 1.32. WisdomTree U.S. Quality Growth Fund has a 1-year low of $50.94 and a 1-year high of $69.00.
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.
Further Reading
- Five stocks we like better than WisdomTree U.S. Quality Growth Fund
- Smart Money Shifts: U.S. Bancorp Pairs Tech With Yield
- Why Bitcoin ETFs May Be Worth Another Look as Inflows Rebound
- 3 Small-Cap Biotechs With Binary Catalysts on the Calendar
- Planet Labs Has Fallen Back to Earth, But Wall Street Still Sees a Rebound
Receive News & Ratings for WisdomTree U.S. Quality Growth Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree U.S. Quality Growth Fund and related companies with MarketBeat.com's FREE daily email newsletter.
