WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Stock Short Interest Falls 50.1%

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) saw a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 44,432 shares, a decrease of 50.1% from the August 31st total of 89,105 shares. Based on an average daily trading volume, of 188,427 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

WisdomTree U.S. Quality Growth Fund Stock Up 0.3%

Shares of QGRW traded up $0.21 during trading on Tuesday, reaching $68.69. 9,627 shares of the company traded hands, compared to its average volume of 311,606. WisdomTree U.S. Quality Growth Fund has a twelve month low of $50.94 and a twelve month high of $69.34. The stock has a market cap of $3.18 billion, a PE ratio of 36.83 and a beta of 1.32. The stock has a 50-day simple moving average of $66.89 and a 200-day simple moving average of $63.76.

Hedge Funds Weigh In On WisdomTree U.S. Quality Growth Fund

A number of hedge funds have recently made changes to their positions in QGRW. Retirement Planning Group LLC lifted its stake in WisdomTree U.S. Quality Growth Fund by 2.8% during the 1st quarter. Retirement Planning Group LLC now owns 4,330,872 shares of the company’s stock worth $231,399,000 after acquiring an additional 116,663 shares in the last quarter. LPL Financial LLC boosted its holdings in WisdomTree U.S. Quality Growth Fund by 8.9% during the 4th quarter. LPL Financial LLC now owns 2,817,821 shares of the company’s stock valued at $165,322,000 after acquiring an additional 230,242 shares during the period. Bank of America Corp DE grew its position in WisdomTree U.S. Quality Growth Fund by 29.5% in the 1st quarter. Bank of America Corp DE now owns 2,039,375 shares of the company’s stock valued at $108,964,000 after acquiring an additional 464,860 shares in the last quarter. RVW Wealth LLC grew its position in WisdomTree U.S. Quality Growth Fund by 0.7% in the 2nd quarter. RVW Wealth LLC now owns 1,073,242 shares of the company’s stock valued at $70,866,000 after acquiring an additional 7,601 shares in the last quarter. Finally, Private Advisor Group LLC increased its stake in WisdomTree U.S. Quality Growth Fund by 12.9% during the first quarter. Private Advisor Group LLC now owns 1,302,260 shares of the company’s stock worth $69,580,000 after purchasing an additional 148,785 shares during the period.

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.