WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Sees Large Volume Increase – What’s Next?

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW – Get Free Report) saw unusually-high trading volume on Friday. 1,364,335 shares traded hands during trading, an increase of 327% from the average daily volume of 319,165 shares. The stock last traded at $62.6550 and had previously closed at $61.91.

WisdomTree U.S. Quality Growth Fund Price Performance

The stock has a market capitalization of $3.04 billion, a P/E ratio of 36.83 and a beta of 1.33. The stock has a 50 day moving average price of $67.64 and a 200-day moving average price of $63.23.

Hedge Funds Weigh In On WisdomTree U.S. Quality Growth Fund

Several institutional investors and hedge funds have recently bought and sold shares of QGRW. Cabot Wealth Management Inc. purchased a new position in shares of WisdomTree U.S. Quality Growth Fund during the third quarter valued at about $647,000. D Orazio & Associates Inc. bought a new stake in WisdomTree U.S. Quality Growth Fund during the 3rd quarter valued at approximately $265,000. Flynn Zito Capital Management LLC boosted its position in WisdomTree U.S. Quality Growth Fund by 0.4% during the 3rd quarter. Flynn Zito Capital Management LLC now owns 257,992 shares of the company’s stock valued at $17,719,000 after acquiring an additional 958 shares in the last quarter. Uhlmann Price Securities LLC purchased a new position in shares of WisdomTree U.S. Quality Growth Fund during the 3rd quarter worth approximately $391,000. Finally, StoneX Group Inc. purchased a new position in shares of WisdomTree U.S. Quality Growth Fund during the 3rd quarter worth approximately $301,000.

About WisdomTree U.S. Quality Growth Fund

(Get Free Report)

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.

Further Reading

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