WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Sees Large Increase in Short Interest

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) was the recipient of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 104,356 shares, a growth of 240.5% from the February 12th total of 30,646 shares. Based on an average daily volume of 255,080 shares, the short-interest ratio is presently 0.4 days. Approximately 0.3% of the company’s shares are short sold. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 255,080 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of WisdomTree U.S. Quality Growth Fund

A number of institutional investors have recently modified their holdings of QGRW. Prestige Wealth Management Group LLC grew its holdings in WisdomTree U.S. Quality Growth Fund by 2.3% during the 2nd quarter. Prestige Wealth Management Group LLC now owns 391,703 shares of the company’s stock worth $20,584,000 after acquiring an additional 8,678 shares in the last quarter. Gateway Wealth Partners LLC raised its stake in shares of WisdomTree U.S. Quality Growth Fund by 45.7% in the 2nd quarter. Gateway Wealth Partners LLC now owns 6,672 shares of the company’s stock valued at $351,000 after purchasing an additional 2,092 shares in the last quarter. VestGen Advisors LLC raised its stake in shares of WisdomTree U.S. Quality Growth Fund by 145.1% in the 2nd quarter. VestGen Advisors LLC now owns 12,891 shares of the company’s stock valued at $677,000 after purchasing an additional 7,631 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of WisdomTree U.S. Quality Growth Fund by 36.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 261,679 shares of the company’s stock worth $13,751,000 after purchasing an additional 69,936 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC bought a new position in shares of WisdomTree U.S. Quality Growth Fund during the second quarter worth about $232,000.

WisdomTree U.S. Quality Growth Fund Stock Performance

WisdomTree U.S. Quality Growth Fund stock traded up $0.15 during midday trading on Wednesday, reaching $57.03. The stock had a trading volume of 83,566 shares, compared to its average volume of 377,818. The stock has a market capitalization of $2.11 billion, a PE ratio of 36.83 and a beta of 1.23. The stock’s 50-day simple moving average is $57.94 and its 200 day simple moving average is $57.84. WisdomTree U.S. Quality Growth Fund has a twelve month low of $37.29 and a twelve month high of $60.76.

WisdomTree U.S. Quality Growth Fund Company Profile

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.