Short Interest in WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Drops By 64.6%

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) was the recipient of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 30,646 shares, a decrease of 64.6% from the January 29th total of 86,450 shares. Based on an average daily volume of 432,033 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 432,033 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On WisdomTree U.S. Quality Growth Fund

A number of institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada acquired a new position in WisdomTree U.S. Quality Growth Fund during the first quarter worth approximately $814,000. Jane Street Group LLC acquired a new stake in WisdomTree U.S. Quality Growth Fund in the 1st quarter worth about $533,000. D.A. Davidson & CO. boosted its holdings in WisdomTree U.S. Quality Growth Fund by 7.4% in the 2nd quarter. D.A. Davidson & CO. now owns 13,499 shares of the company’s stock valued at $709,000 after purchasing an additional 931 shares during the period. Envestnet Asset Management Inc. increased its stake in WisdomTree U.S. Quality Growth Fund by 8.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 70,156 shares of the company’s stock worth $3,687,000 after acquiring an additional 5,682 shares during the period. Finally, L.M. Kohn & Company lifted its position in WisdomTree U.S. Quality Growth Fund by 3.6% during the second quarter. L.M. Kohn & Company now owns 39,614 shares of the company’s stock worth $2,082,000 after purchasing an additional 1,383 shares during the period.

WisdomTree U.S. Quality Growth Fund Stock Performance

Shares of QGRW opened at $57.52 on Thursday. WisdomTree U.S. Quality Growth Fund has a one year low of $37.29 and a one year high of $60.76. The firm has a market capitalization of $2.13 billion, a price-to-earnings ratio of 36.83 and a beta of 1.23. The stock’s fifty day moving average is $58.35 and its 200-day moving average is $57.68.

About WisdomTree U.S. Quality Growth Fund

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.