Short Interest in WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Decreases By 33.6%

by · The Cerbat Gem

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW – Get Free Report) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 65,228 shares, a decline of 33.6% from the June 30th total of 98,225 shares. Based on an average daily volume of 174,836 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the company’s shares are short sold.

WisdomTree U.S. Quality Growth Fund Stock Performance

Shares of WisdomTree U.S. Quality Growth Fund stock traded up $1.37 during trading hours on Friday, hitting $65.07. The company’s stock had a trading volume of 154,616 shares, compared to its average volume of 335,214. The stock has a market cap of $2.75 billion, a price-to-earnings ratio of 36.83 and a beta of 1.31. WisdomTree U.S. Quality Growth Fund has a twelve month low of $50.94 and a twelve month high of $68.84. The firm has a fifty day moving average of $65.38 and a 200-day moving average of $60.90.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of QGRW. RFG Advisory LLC lifted its holdings in shares of WisdomTree U.S. Quality Growth Fund by 0.5% in the 1st quarter. RFG Advisory LLC now owns 37,566 shares of the company’s stock worth $2,007,000 after acquiring an additional 172 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in WisdomTree U.S. Quality Growth Fund by 8.1% during the second quarter. JPMorgan Chase & Co. now owns 2,605 shares of the company’s stock worth $137,000 after purchasing an additional 195 shares in the last quarter. Flagship Harbor Advisors LLC lifted its stake in WisdomTree U.S. Quality Growth Fund by 0.6% during the fourth quarter. Flagship Harbor Advisors LLC now owns 61,334 shares of the company’s stock worth $3,598,000 after purchasing an additional 338 shares in the last quarter. Great Valley Advisor Group Inc. boosted its position in shares of WisdomTree U.S. Quality Growth Fund by 2.1% during the second quarter. Great Valley Advisor Group Inc. now owns 17,801 shares of the company’s stock worth $935,000 after buying an additional 363 shares during the period. Finally, Falcon Wealth Planning boosted its position in shares of WisdomTree U.S. Quality Growth Fund by 7.7% during the first quarter. Falcon Wealth Planning now owns 5,678 shares of the company’s stock worth $303,000 after buying an additional 404 shares during the period.

WisdomTree U.S. Quality Growth Fund Company Profile

(Get Free Report)

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.

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