WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Stock Price Down 0.2% – What’s Next?

WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) was down 0.2% on Monday . The stock traded as low as $24.95 and last traded at $25.12. Approximately 972 shares changed hands during trading, a decline of 77% from the average daily volume of 4,248 shares. The stock had previously closed at $25.18.

WisdomTree New Economy Real Estate Fund Stock Up 1.2%

The company has a fifty day moving average of $23.18 and a two-hundred day moving average of $22.71. The stock has a market capitalization of $16.16 million, a price-to-earnings ratio of 1.34 and a beta of 1.00.

Institutional Investors Weigh In On WisdomTree New Economy Real Estate Fund

Hedge funds have recently modified their holdings of the stock. Raymond James Financial Inc. acquired a new stake in shares of WisdomTree New Economy Real Estate Fund during the second quarter worth $74,000. Bank of America Corp DE lifted its holdings in WisdomTree New Economy Real Estate Fund by 8.0% in the second quarter. Bank of America Corp DE now owns 18,190 shares of the company’s stock valued at $354,000 after acquiring an additional 1,344 shares during the period. LPL Financial LLC lifted its holdings in WisdomTree New Economy Real Estate Fund by 50.7% in the fourth quarter. LPL Financial LLC now owns 21,233 shares of the company’s stock valued at $452,000 after acquiring an additional 7,142 shares during the period. Finally, Jane Street Group LLC lifted its holdings in WisdomTree New Economy Real Estate Fund by 165.4% in the first quarter. Jane Street Group LLC now owns 47,029 shares of the company’s stock valued at $815,000 after acquiring an additional 29,311 shares during the period. 59.41% of the stock is owned by institutional investors and hedge funds.

About WisdomTree New Economy Real Estate Fund

The WisdomTree New Economy Real Estate ETF (WTRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a tier-weighted index of global real estate companies that have direct and\u002For indirect exposure to technology, sciences, or e-commerce. Holdings are selected based on a proprietary technology score and a leverage screening. WTRE was launched on Jun 5, 2007 and is managed by WisdomTree.