WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Sets New 52-Week High – Still a Buy?

Shares of WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRWGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $64.12 and last traded at $64.07, with a volume of 329062 shares changing hands. The stock had previously closed at $62.69.

WisdomTree U.S. Quality Growth Fund Stock Performance

The firm’s 50 day moving average is $57.20 and its 200-day moving average is $58.05. The firm has a market cap of $2.38 billion, a price-to-earnings ratio of 36.83 and a beta of 1.29.

Institutional Investors Weigh In On WisdomTree U.S. Quality Growth Fund

Institutional investors and hedge funds have recently modified their holdings of the business. Qube Research & Technologies Ltd acquired a new stake in shares of WisdomTree U.S. Quality Growth Fund in the 3rd quarter valued at $34,000. EFG International AG acquired a new stake in shares of WisdomTree U.S. Quality Growth Fund in the 4th quarter valued at $35,000. CENTRAL TRUST Co acquired a new stake in shares of WisdomTree U.S. Quality Growth Fund in the 4th quarter valued at $41,000. JNBA Financial Advisors lifted its position in WisdomTree U.S. Quality Growth Fund by 58.9% during the 3rd quarter. JNBA Financial Advisors now owns 834 shares of the company’s stock worth $48,000 after acquiring an additional 309 shares during the last quarter. Finally, Golden State Wealth Management LLC lifted its position in WisdomTree U.S. Quality Growth Fund by 148.5% during the 3rd quarter. Golden State Wealth Management LLC now owns 1,111 shares of the company’s stock worth $64,000 after acquiring an additional 664 shares during the last quarter.

WisdomTree U.S. Quality Growth Fund Company Profile

(Get Free Report)

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.

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