WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Short Interest Up 63.7% in January

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) was the recipient of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 86,450 shares, a growth of 63.7% from the January 15th total of 52,825 shares. Based on an average trading volume of 304,622 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 304,622 shares, the short-interest ratio is currently 0.3 days.

WisdomTree U.S. Quality Growth Fund Stock Down 0.3%

NYSEARCA:QGRW traded down $0.17 on Friday, reaching $56.36. The company’s stock had a trading volume of 357,837 shares, compared to its average volume of 456,111. WisdomTree U.S. Quality Growth Fund has a 12-month low of $37.29 and a 12-month high of $60.76. The firm has a market cap of $2.09 billion, a price-to-earnings ratio of 36.83 and a beta of 1.23. The stock has a 50 day moving average price of $58.60 and a 200 day moving average price of $57.50.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. CreativeOne Wealth LLC boosted its position in shares of WisdomTree U.S. Quality Growth Fund by 38.7% during the 4th quarter. CreativeOne Wealth LLC now owns 24,514 shares of the company’s stock worth $1,438,000 after purchasing an additional 6,841 shares during the period. Kestra Advisory Services LLC lifted its stake in WisdomTree U.S. Quality Growth Fund by 3.1% during the fourth quarter. Kestra Advisory Services LLC now owns 256,351 shares of the company’s stock worth $15,040,000 after purchasing an additional 7,625 shares in the last quarter. Quattro Advisors LLC purchased a new position in shares of WisdomTree U.S. Quality Growth Fund during the fourth quarter worth $14,873,000. Smartleaf Asset Management LLC grew its stake in shares of WisdomTree U.S. Quality Growth Fund by 1.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 261,909 shares of the company’s stock valued at $15,492,000 after buying an additional 4,540 shares in the last quarter. Finally, Morgan Stanley raised its holdings in shares of WisdomTree U.S. Quality Growth Fund by 3.7% in the 4th quarter. Morgan Stanley now owns 2,344,690 shares of the company’s stock valued at $137,563,000 after buying an additional 83,191 shares during the period.

WisdomTree U.S. Quality Growth Fund Company Profile

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.