WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW – Get Free Report) shares rose 0.4% during trading on Wednesday . The stock traded as high as $32.65 and last traded at $32.60. 91,089 shares changed hands during mid-day trading, an increase of 43% from the average session volume of 63,754 shares. The stock had previously closed at $32.48.
WisdomTree PutWrite Strategy Fund Stock Up 0.4%
The business has a 50 day moving average price of $32.94 and a two-hundred day moving average price of $33.01.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in PUTW. NewEdge Advisors LLC bought a new stake in WisdomTree PutWrite Strategy Fund during the 2nd quarter valued at $1,300,000. Jane Street Group LLC bought a new stake in shares of WisdomTree PutWrite Strategy Fund in the first quarter worth about $800,000. Visionary Wealth Advisors grew its stake in shares of WisdomTree PutWrite Strategy Fund by 49.9% in the second quarter. Visionary Wealth Advisors now owns 34,099 shares of the company’s stock worth $1,093,000 after purchasing an additional 11,352 shares during the last quarter. Raymond James Financial Inc. increased its holdings in WisdomTree PutWrite Strategy Fund by 1.7% during the 2nd quarter. Raymond James Financial Inc. now owns 169,661 shares of the company’s stock valued at $5,436,000 after purchasing an additional 2,778 shares during the period. Finally, Smartleaf Asset Management LLC increased its holdings in WisdomTree PutWrite Strategy Fund by 3.8% during the 2nd quarter. Smartleaf Asset Management LLC now owns 18,550 shares of the company’s stock valued at $595,000 after purchasing an additional 674 shares during the period.
WisdomTree PutWrite Strategy Fund Company Profile
The WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW) is an exchange-traded fund that is based on the Cboe S&P 500 PutWrite index. The fund tracks an index that consists of short SPY put options and cash collateral. The index selects put options that target a premium of 2.5% and rolls its exposure twice a month. PUTW was launched on Feb 24, 2016 and is managed by WisdomTree.
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