WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Stock Price Up 0.9%

Shares of WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) rose 0.9% during trading on Monday . The stock traded as high as $16.66 and last traded at $16.66. Approximately 2,225 shares changed hands during trading, a decline of 53% from the average daily volume of 4,712 shares. The stock had previously closed at $16.52.

WisdomTree New Economy Real Estate Fund Price Performance

The company has a market cap of $18.46 million, a price-to-earnings ratio of 24.05 and a beta of 1.07. The firm has a fifty day simple moving average of $17.51 and a 200 day simple moving average of $17.10.

Institutional Investors Weigh In On WisdomTree New Economy Real Estate Fund

A hedge fund recently bought a new stake in WisdomTree New Economy Real Estate Fund stock. International Assets Investment Management LLC bought a new position in WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 18,295 shares of the company’s stock, valued at approximately $335,000. International Assets Investment Management LLC owned 1.36% of WisdomTree New Economy Real Estate Fund at the end of the most recent reporting period.

About WisdomTree New Economy Real Estate Fund

The WisdomTree New Economy Real Estate ETF (WTRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a tier-weighted index of global real estate companies that have direct and\u002For indirect exposure to technology, sciences, or e-commerce. Holdings are selected based on a proprietary technology score and a leverage screening.