WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) Stock Price Down 1.1% – What’s Next?

Shares of WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) traded down 1.1% during mid-day trading on Friday. The company traded as low as $63.40 and last traded at $63.75. 97,968 shares traded hands during trading, a decline of 26% from the average daily volume of 133,139 shares. The stock had previously closed at $64.44.

WisdomTree Efficient Gold Plus Equity Strategy Fund Price Performance

The company has a market capitalization of $328.31 million, a price-to-earnings ratio of 25.53 and a beta of 1.00. The firm has a fifty day simple moving average of $66.59 and a 200 day simple moving average of $65.51.

Institutional Investors Weigh In On WisdomTree Efficient Gold Plus Equity Strategy Fund

Institutional investors have recently added to or reduced their stakes in the stock. Spinnaker Investment Group LLC increased its stake in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund by 10.0% during the second quarter. Spinnaker Investment Group LLC now owns 24,597 shares of the company’s stock worth $1,503,000 after purchasing an additional 2,239 shares in the last quarter. Wealthcare Advisory Partners LLC raised its position in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund by 4.5% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 135,041 shares of the company’s stock worth $8,250,000 after purchasing an additional 5,770 shares during the last quarter. Quantinno Capital Management LP purchased a new position in WisdomTree Efficient Gold Plus Equity Strategy Fund in the 1st quarter valued at about $449,000. Fermata Advisors LLC lifted its stake in WisdomTree Efficient Gold Plus Equity Strategy Fund by 12.6% in the 2nd quarter. Fermata Advisors LLC now owns 87,185 shares of the company’s stock valued at $5,327,000 after buying an additional 9,729 shares in the last quarter. Finally, Arkadios Wealth Advisors purchased a new position in WisdomTree Efficient Gold Plus Equity Strategy Fund in the 1st quarter valued at about $1,097,000.

About WisdomTree Efficient Gold Plus Equity Strategy Fund

The WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is actively managed to provide leveraged exposure, in approximately equal proportion, to US-listed gold futures and US large-cap equities. GDE was launched on Mar 17, 2022 and is managed by WisdomTree.