WisdomTree Cybersecurity Fund (NASDAQ:WCBR) Shares Down 2.8% – Should You Sell?

WisdomTree Cybersecurity Fund (NASDAQ:WCBR) shares traded down 2.8% during trading on Monday . The stock traded as low as $40.98 and last traded at $41.17. 80,891 shares changed hands during mid-day trading, an increase of 59% from the average session volume of 50,926 shares. The stock had previously closed at $42.37.

WisdomTree Cybersecurity Fund Stock Performance

The stock has a 50-day moving average of $37.06 and a 200 day moving average of $30.70. The firm has a market capitalization of $118.94 million, a P/E ratio of 36.72 and a beta of 0.97.

Institutional Trading of WisdomTree Cybersecurity Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Cetera Investment Advisers raised its stake in shares of WisdomTree Cybersecurity Fund by 3.5% during the fourth quarter. Cetera Investment Advisers now owns 13,273 shares of the company’s stock worth $370,000 after buying an additional 448 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in WisdomTree Cybersecurity Fund by 80.0% in the first quarter. PNC Financial Services Group Inc. now owns 1,800 shares of the company’s stock valued at $45,000 after acquiring an additional 800 shares during the last quarter. Creative Financial Designs Inc. ADV grew its holdings in WisdomTree Cybersecurity Fund by 6.6% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 15,142 shares of the company’s stock worth $422,000 after acquiring an additional 939 shares during the period. BOKF NA acquired a new stake in WisdomTree Cybersecurity Fund during the 3rd quarter worth $31,000. Finally, Raymond James Financial Inc. bought a new stake in shares of WisdomTree Cybersecurity Fund during the 2nd quarter valued at $60,000.

WisdomTree Cybersecurity Fund Company Profile

The WisdomTree Cybersecurity Fund (WCBR) is an exchange-traded fund that is based on the WisdomTree Team8 Cybersecurity index. The fund tracks an index of developed market companies primarily involved in cybersecurity and security-oriented technology. WCBR was launched on Jan 28, 2021 and is managed by WisdomTree.