WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Shares Up 1.6% – Here’s Why

WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE)’s stock price shot up 1.6% during mid-day trading on Friday . The stock traded as high as $17.52 and last traded at $17.37. 5,899 shares traded hands during trading, an increase of 54% from the average session volume of 3,838 shares. The stock had previously closed at $17.10.

WisdomTree New Economy Real Estate Fund Price Performance

The stock has a market capitalization of $19.11 million, a P/E ratio of 23.52 and a beta of 1.07. The stock has a fifty day moving average price of $18.67 and a 200 day moving average price of $18.65.

Institutional Investors Weigh In On WisdomTree New Economy Real Estate Fund

An institutional investor recently raised its position in WisdomTree New Economy Real Estate Fund stock. Jane Street Group LLC boosted its holdings in shares of WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) by 51.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 25,512 shares of the company’s stock after buying an additional 8,718 shares during the period. Jane Street Group LLC owned approximately 2.32% of WisdomTree New Economy Real Estate Fund worth $508,000 as of its most recent SEC filing.

WisdomTree New Economy Real Estate Fund Company Profile

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.