WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) Stock Price Up 0.1% – Time to Buy?

by · The Markets Daily

WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU – Get Free Report)’s stock price was up 0.1% during trading on Friday . The stock traded as high as $26.88 and last traded at $26.80. Approximately 216,811 shares changed hands during mid-day trading, a decline of 30% from the average daily volume of 310,799 shares. The stock had previously closed at $26.76.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Trading Up 0.1%

The business’s 50-day moving average price is $26.87 and its 200 day moving average price is $26.43.

Hedge Funds Weigh In On WisdomTree Bloomberg U.S. Dollar Bullish Fund

Several institutional investors have recently modified their holdings of USDU. AE Wealth Management LLC grew its holdings in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 147.1% during the 3rd quarter. AE Wealth Management LLC now owns 1,680 shares of the company’s stock valued at $44,000 after purchasing an additional 1,000 shares during the last quarter. Cowa LLC bought a new position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund during the third quarter valued at about $299,000. Global View Capital Management LLC purchased a new position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund in the first quarter worth about $308,000. WBI Investments LLC bought a new stake in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund in the 1st quarter valued at about $326,000. Finally, Belpointe Asset Management LLC bought a new stake in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund in the 2nd quarter valued at about $445,000.

About WisdomTree Bloomberg U.S. Dollar Bullish Fund

(Get Free Report)

The WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) is an exchange-traded fund that is based on the Bloomberg Dollar Total Return index. The fund is an actively managed ETF that goes long the US dollar against a basket of global currencies from developed as well as emerging markets. USDU was launched on Dec 18, 2013 and is managed by WisdomTree.

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