WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW – Get Free Report) shares were up 0.4% on Wednesday . The stock traded as high as $32.65 and last traded at $32.60. 91,089 shares changed hands during mid-day trading, an increase of 43% from the average session volume of 63,754 shares. The stock had previously closed at $32.48.
WisdomTree PutWrite Strategy Fund Stock Performance
The company’s 50 day moving average price is $32.95 and its two-hundred day moving average price is $33.01.
Hedge Funds Weigh In On WisdomTree PutWrite Strategy Fund
Several institutional investors and hedge funds have recently bought and sold shares of PUTW. Smartleaf Asset Management LLC increased its holdings in shares of WisdomTree PutWrite Strategy Fund by 3.8% in 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 last quarter. Raymond James Financial Inc. boosted its stake in WisdomTree PutWrite Strategy Fund by 1.7% during the second 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. Jane Street Group LLC grew its holdings in WisdomTree PutWrite Strategy Fund by 22.5% during the 2nd quarter. Jane Street Group LLC now owns 31,464 shares of the company’s stock valued at $1,008,000 after buying an additional 5,788 shares in the last quarter. Visionary Wealth Advisors grew its holdings in WisdomTree PutWrite Strategy Fund by 49.9% during 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. Finally, NewEdge Advisors LLC purchased a new position in WisdomTree PutWrite Strategy Fund during the 2nd quarter valued at approximately $1,300,000.
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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