WisdomTree U.S. Efficient Core Fund (NYSEARCA:NTSX) Sees Strong Trading Volume – Still a Buy?
by Tristan Rich · The Markets DailyWisdomTree U.S. Efficient Core Fund (NYSEARCA:NTSX – Get Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 189,566 shares changed hands during mid-day trading, an increase of 175% from the previous session’s volume of 68,898 shares.The stock last traded at $55.44 and had previously closed at $55.44.
WisdomTree U.S. Efficient Core Fund Stock Performance
The stock’s 50 day simple moving average is $54.60 and its two-hundred day simple moving average is $52.19. The firm has a market capitalization of $1.28 billion, a PE ratio of 25.07 and a beta of 1.03.
Institutional Trading of WisdomTree U.S. Efficient Core Fund
Several large investors have recently added to or reduced their stakes in NTSX. CIBC Bancorp USA Inc. purchased a new position in shares of WisdomTree U.S. Efficient Core Fund during the 3rd quarter worth $3,554,000. Northwestern Mutual Wealth Management Co. acquired a new stake in WisdomTree U.S. Efficient Core Fund during the third quarter worth about $47,000. BNP Paribas Financial Markets raised its stake in WisdomTree U.S. Efficient Core Fund by 36.6% during the third quarter. BNP Paribas Financial Markets now owns 188,090 shares of the company’s stock worth $10,142,000 after purchasing an additional 50,353 shares during the period. Private Advisor Group LLC boosted its holdings in WisdomTree U.S. Efficient Core Fund by 2.9% in the 3rd quarter. Private Advisor Group LLC now owns 80,790 shares of the company’s stock valued at $4,356,000 after purchasing an additional 2,282 shares during the last quarter. Finally, Perennial Investment Advisors LLC grew its stake in shares of WisdomTree U.S. Efficient Core Fund by 0.5% in the 3rd quarter. Perennial Investment Advisors LLC now owns 131,289 shares of the company’s stock valued at $7,079,000 after buying an additional 702 shares during the period.
About WisdomTree U.S. Efficient Core Fund
The WisdomTree U.S. Efficient Core Fund (NTSX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed portfolio of US equities and US Treasury futures contracts. NTSX was launched on Aug 2, 2018 and is managed by WisdomTree.
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