WisdomTree Artificial Intelligence and Innovation Fund (BATS:WTAI – Get Free Report)’s share price passed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $37.53 and traded as high as $38.70. WisdomTree Artificial Intelligence and Innovation Fund shares last traded at $38.56, with a volume of 257,792 shares changing hands.
WisdomTree Artificial Intelligence and Innovation Fund Trading Down 2.6%
The firm has a market capitalization of $334.28 million, a PE ratio of 25.61 and a beta of 1.43. The company has a fifty day moving average price of $41.49 and a two-hundred day moving average price of $37.58.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the business. Oarsman Capital Inc. acquired a new stake in shares of WisdomTree Artificial Intelligence and Innovation Fund during the second quarter worth about $18,157,000. Janney Montgomery Scott LLC raised its holdings in WisdomTree Artificial Intelligence and Innovation Fund by 228.7% during the first quarter. Janney Montgomery Scott LLC now owns 65,556 shares of the company’s stock worth $1,851,000 after purchasing an additional 45,611 shares in the last quarter. First PREMIER Bank acquired a new stake in WisdomTree Artificial Intelligence and Innovation Fund in the second quarter valued at about $723,000. Harbor Investment Advisory LLC lifted its position in WisdomTree Artificial Intelligence and Innovation Fund by 11.4% in the second quarter. Harbor Investment Advisory LLC now owns 4,023 shares of the company’s stock valued at $191,000 after purchasing an additional 411 shares during the period. Finally, Team Financial Group LLC purchased a new stake in WisdomTree Artificial Intelligence and Innovation Fund in the 1st quarter valued at approximately $47,000.
WisdomTree Artificial Intelligence and Innovation Fund Company Profile
The WisdomTree Artificial Intelligence and Innovation Fund (WTAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an equally-weighted index of globally-listed stocks whose businesses are derived from artificial intelligence and innovation. Selection and weighting are overseen by a committee. WTAI was launched on Dec 9, 2021 and is managed by WisdomTree.
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