WisdomTree U.S. Value Fund (NYSEARCA:WTV) Short Interest Update
by Mitch Edgeman · The Markets DailyWisdomTree U.S. Value Fund (NYSEARCA:WTV – Get Free Report) was the recipient of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 20,106 shares, a decline of 39.7% from the May 14th total of 33,368 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 150,609 shares, the days-to-cover ratio is presently 0.1 days.
Hedge Funds Weigh In On WisdomTree U.S. Value Fund
Institutional investors and hedge funds have recently made changes to their positions in the company. Cary Street Partners Financial LLC bought a new stake in WisdomTree U.S. Value Fund during the third quarter worth $529,000. Thoroughbred Financial Services LLC boosted its holdings in shares of WisdomTree U.S. Value Fund by 11.9% in the 3rd quarter. Thoroughbred Financial Services LLC now owns 13,243 shares of the company’s stock valued at $1,205,000 after purchasing an additional 1,410 shares in the last quarter. Empirical Asset Management LLC acquired a new stake in shares of WisdomTree U.S. Value Fund in the 3rd quarter valued at $239,000. Avant Capital LLC boosted its holdings in shares of WisdomTree U.S. Value Fund by 14.4% in the 3rd quarter. Avant Capital LLC now owns 7,199 shares of the company’s stock valued at $655,000 after purchasing an additional 906 shares in the last quarter. Finally, Insight Advisors LLC PA boosted its holdings in shares of WisdomTree U.S. Value Fund by 0.4% in the 3rd quarter. Insight Advisors LLC PA now owns 83,381 shares of the company’s stock valued at $7,588,000 after purchasing an additional 345 shares in the last quarter.
WisdomTree U.S. Value Fund Price Performance
NYSEARCA WTV traded up $0.13 during trading on Monday, reaching $103.73. 67,063 shares of the company’s stock were exchanged, compared to its average volume of 223,091. The business has a 50 day moving average price of $99.48 and a 200-day moving average price of $97.13. The stock has a market capitalization of $2.88 billion, a P/E ratio of 14.62 and a beta of 0.92. WisdomTree U.S. Value Fund has a fifty-two week low of $83.74 and a fifty-two week high of $104.43.
About WisdomTree U.S. Value Fund
The WisdomTree U.S. Value Fund (WTV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed using a model-based selection process. It aims to identify US large- and mid-cap stocks that provide a high total shareholder yield with quality characteristics. WTV was launched on Feb 23, 2007 and is managed by WisdomTree.