WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW – Get Free Report) shares were up 0.4% on Wednesday . The company traded as high as $32.65 and last traded at $32.60. Approximately 91,089 shares traded hands during trading, an increase of 43% from the average daily volume of 63,754 shares. The stock had previously closed at $32.48.
WisdomTree PutWrite Strategy Fund Trading Up 0.4%
The company has a 50-day moving average price of $32.77 and a 200-day moving average price of $32.93.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC grew its stake 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 in the last quarter. Jane Street Group LLC acquired a new stake in WisdomTree PutWrite Strategy Fund in the first quarter worth about $800,000. Visionary Wealth Advisors lifted its holdings in WisdomTree PutWrite Strategy Fund by 49.9% in the second quarter. Visionary Wealth Advisors now owns 34,099 shares of the company’s stock worth $1,093,000 after purchasing an additional 11,352 shares during the period. NewEdge Advisors LLC bought 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 position 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
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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