WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW – Get Free Report)’s stock price was down 1.1% during trading on Wednesday . The stock traded as low as $32.70 and last traded at $32.81. 89,672 shares were traded during trading, an increase of 41% from the average session volume of 63,754 shares. The stock had previously closed at $33.19.
WisdomTree PutWrite Strategy Fund Stock Down 1.1%
The company’s 50 day moving average is $33.03 and its 200-day moving average is $33.08.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in PUTW. Smartleaf Asset Management LLC boosted its position in WisdomTree PutWrite Strategy Fund by 3.8% during the second 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 period. Jane Street Group LLC acquired a new stake in shares of WisdomTree PutWrite Strategy Fund during the 1st quarter worth about $800,000. Visionary Wealth Advisors boosted its holdings in shares of WisdomTree PutWrite Strategy Fund by 49.9% during the 2nd quarter. Visionary Wealth Advisors now owns 34,099 shares of the company’s stock worth $1,093,000 after buying an additional 11,352 shares during the period. NewEdge Advisors LLC acquired a new position in WisdomTree PutWrite Strategy Fund in the 2nd quarter valued at about $1,300,000. Finally, Raymond James Financial Inc. grew its stake 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 during the last quarter.
About WisdomTree PutWrite Strategy Fund
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.
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