WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW) Stock Price Up 0.1% – Time to Buy?

WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTWGet Free Report) rose 0.1% on Wednesday . The company traded as high as $33.0633 and last traded at $33.03. Approximately 102,221 shares traded hands during trading, an increase of 60% from the average daily volume of 63,754 shares. The stock had previously closed at $33.01.

WisdomTree PutWrite Strategy Fund Trading Up 0.1%

The business has a 50-day simple moving average of $32.65 and a two-hundred day simple moving average of $33.15.

Hedge Funds Weigh In On WisdomTree PutWrite Strategy Fund

Large investors have recently made changes to their positions in the company. Smartleaf Asset Management LLC lifted its holdings in WisdomTree PutWrite Strategy Fund by 3.8% during the 2nd quarter. Smartleaf Asset Management LLC now owns 18,550 shares of the company’s stock worth $595,000 after purchasing an additional 674 shares during the last quarter. Jane Street Group LLC acquired a new position in WisdomTree PutWrite Strategy Fund in the 1st quarter valued at $800,000. Visionary Wealth Advisors grew its holdings in WisdomTree PutWrite Strategy Fund by 49.9% in the 2nd quarter. Visionary Wealth Advisors now owns 34,099 shares of the company’s stock valued at $1,093,000 after buying an additional 11,352 shares in the last quarter. NewEdge Advisors LLC acquired a new position in WisdomTree PutWrite Strategy Fund in the 2nd quarter valued at $1,300,000. Finally, Raymond James Financial Inc. grew its holdings in WisdomTree PutWrite Strategy Fund by 1.7% in the 2nd quarter. Raymond James Financial Inc. now owns 169,661 shares of the company’s stock valued at $5,436,000 after buying an additional 2,778 shares in the last quarter.

About WisdomTree PutWrite Strategy Fund

(Get Free Report)

The WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW) is an exchange-traded fund that is based on the Cboe S&P 500 PutWrite index. The fund tracks an index that consists of short SPY put options and cash collateral. The index selects put options that target a premium of 2.5% and rolls its exposure twice a month. PUTW was launched on Feb 24, 2016 and is managed by WisdomTree.

Further Reading

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