WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Short Interest Up 84.2% in July

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 120,149 shares, a growth of 84.2% from the July 15th total of 65,228 shares. Based on an average daily volume of 259,586 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.3% of the shares of the stock are sold short.

Institutional Trading of WisdomTree U.S. Quality Growth Fund

Several large investors have recently bought and sold shares of the business. Retirement Planning Group LLC grew its holdings in shares of WisdomTree U.S. Quality Growth Fund by 2.8% during the 1st quarter. Retirement Planning Group LLC now owns 4,330,872 shares of the company’s stock valued at $231,399,000 after purchasing an additional 116,663 shares during the last quarter. HighTower Advisors LLC grew its stake in shares of WisdomTree U.S. Quality Growth Fund by 3.5% during the fourth quarter. HighTower Advisors LLC now owns 3,474,401 shares of the company’s stock worth $203,843,000 after buying an additional 117,413 shares during the last quarter. LPL Financial LLC increased its holdings in shares of WisdomTree U.S. Quality Growth Fund by 8.9% during the fourth quarter. LPL Financial LLC now owns 2,817,821 shares of the company’s stock worth $165,322,000 after buying an additional 230,242 shares in the last quarter. Morgan Stanley increased its holdings in shares of WisdomTree U.S. Quality Growth Fund by 3.7% during the fourth quarter. Morgan Stanley now owns 2,344,690 shares of the company’s stock worth $137,563,000 after buying an additional 83,191 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of WisdomTree U.S. Quality Growth Fund by 29.5% in the 1st quarter. Bank of America Corp DE now owns 2,039,375 shares of the company’s stock valued at $108,964,000 after acquiring an additional 464,860 shares during the last quarter.

WisdomTree U.S. Quality Growth Fund Trading Down 0.5%

QGRW stock traded down $0.32 during mid-day trading on Friday, hitting $68.42. The stock had a trading volume of 143,018 shares, compared to its average volume of 327,861. WisdomTree U.S. Quality Growth Fund has a 52 week low of $50.94 and a 52 week high of $69.00. The firm has a market capitalization of $2.89 billion, a P/E ratio of 36.83 and a beta of 1.32. The firm has a fifty day simple moving average of $65.59 and a 200 day simple moving average of $61.55.

About WisdomTree U.S. Quality Growth Fund

The Wisdomtree U.S. Quality Growth Fund (QGRW) is an exchange-traded fund that is based on the WisdomTree U.S. Quality Growth index. The fund tracks a market cap-weighted index of 100 large-cap growth companies in the US that exhibit the strongest quality characteristics relative to their peers. QGRW was launched on Dec 15, 2022 and is managed by WisdomTree.