WisdomTree Cloud Computing Fund (NASDAQ:WCLD) Trading Up 0.1% – Here’s What Happened

Shares of WisdomTree Cloud Computing Fund (NASDAQ:WCLD) traded up 0.1% on Monday . The company traded as high as $38.63 and last traded at $38.10. 159,816 shares traded hands during trading, a decline of 7% from the average session volume of 171,101 shares. The stock had previously closed at $38.08.

WisdomTree Cloud Computing Fund Stock Up 1.8 %

The company’s 50 day moving average price is $38.70 and its two-hundred day moving average price is $34.32. The firm has a market cap of $469.48 million, a PE ratio of -15.68 and a beta of 1.09.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in WCLD. Blair William & Co. IL boosted its position in WisdomTree Cloud Computing Fund by 49.3% during the second quarter. Blair William & Co. IL now owns 11,225 shares of the company’s stock valued at $355,000 after purchasing an additional 3,708 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of WisdomTree Cloud Computing Fund by 19.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,547 shares of the company’s stock worth $112,000 after acquiring an additional 587 shares during the period. StoneCrest Wealth Management Inc. purchased a new position in shares of WisdomTree Cloud Computing Fund during the 3rd quarter valued at about $1,245,000. Raymond James & Associates raised its position in WisdomTree Cloud Computing Fund by 0.8% during the third quarter. Raymond James & Associates now owns 134,775 shares of the company’s stock valued at $4,307,000 after acquiring an additional 1,038 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its stake in shares of WisdomTree Cloud Computing Fund by 3,096.3% in the 3rd quarter. International Assets Investment Management LLC now owns 5,114 shares of the company’s stock valued at $160,000 after purchasing an additional 4,954 shares during the period.

WisdomTree Cloud Computing Fund Company Profile

The WisdomTree Cloud Computing Fund (WCLD) is an exchange-traded fund that is based on the BVP Nasdaq Emerging Cloud index. The fund tracks and index of US companies primarily focused on cloud software and services. Stocks are equal weighted in the index. WCLD was launched on Sep 6, 2019 and is managed by WisdomTree.