WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) Shares Up 0.4% – What’s Next?

WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) shares traded up 0.4% during mid-day trading on Thursday . The stock traded as high as $26.68 and last traded at $26.61. Approximately 380,142 shares changed hands during trading, a decline of 25% from the average daily volume of 503,772 shares. The stock had previously closed at $26.51.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Stock Performance

The business has a 50-day moving average price of $26.13 and a 200 day moving average price of $26.09.

Institutional Investors Weigh In On WisdomTree Bloomberg U.S. Dollar Bullish Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC raised its position in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 139.9% in the 1st quarter. Jane Street Group LLC now owns 173,063 shares of the company’s stock worth $4,718,000 after purchasing an additional 100,920 shares during the period. Cowa LLC bought a new position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund during the third quarter valued at approximately $299,000. Prevail Innovative Wealth Advisors LLC bought a new position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund during the third quarter valued at approximately $4,373,000. GenWealth Group Inc. raised its holdings in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 8.2% in the third quarter. GenWealth Group Inc. now owns 638,295 shares of the company’s stock worth $16,845,000 after buying an additional 48,355 shares during the period. Finally, Ausdal Financial Partners Inc. raised its holdings in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 66.9% in the third quarter. Ausdal Financial Partners Inc. now owns 129,745 shares of the company’s stock worth $3,424,000 after buying an additional 51,992 shares during the period.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Company Profile

The WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) is an exchange-traded fund that is based on the Bloomberg Dollar Total Return index. The fund is an actively managed ETF that goes long the US dollar against a basket of global currencies from developed as well as emerging markets. USDU was launched on Dec 18, 2013 and is managed by WisdomTree.