WisdomTree Artificial Intelligence and Innovation Fund (BATS:WTAI) Stock Price Down 0.9% – Should You Sell?

WisdomTree Artificial Intelligence and Innovation Fund (BATS:WTAI) fell 0.9% on Friday . The company traded as low as $22.17 and last traded at $22.49. 73,564 shares were traded during mid-day trading, The stock had previously closed at $22.69.

WisdomTree Artificial Intelligence and Innovation Fund Trading Down 1.2 %

The stock has a market cap of $255.42 million, a PE ratio of 29.23 and a beta of 1.74. The firm has a fifty day simple moving average of $22.14 and a two-hundred day simple moving average of $20.71.

Institutional Trading of WisdomTree Artificial Intelligence and Innovation Fund

An institutional investor recently bought a new position in WisdomTree Artificial Intelligence and Innovation Fund stock. Orca Investment Management LLC purchased a new position in shares of WisdomTree Artificial Intelligence and Innovation Fund (BATS:WTAI) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 72,695 shares of the company’s stock, valued at approximately $1,449,000. WisdomTree Artificial Intelligence and Innovation Fund comprises approximately 1.3% of Orca Investment Management LLC’s investment portfolio, making the stock its 25th largest holding. Orca Investment Management LLC owned about 0.63% of WisdomTree Artificial Intelligence and Innovation Fund at the end of the most recent reporting period.

About WisdomTree Artificial Intelligence and Innovation Fund

The WisdomTree Artificial Intelligence and Innovation Fund (WTAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an equally-weighted index of globally-listed stocks whose businesses are derived from artificial intelligence and innovation. Selection and weighting are overseen by a committee.