Wheeler Real Estate Investment Trust (NASDAQ:WHLRD) Stock Price Up 1.2%

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD) rose 1.2% on Wednesday . The stock traded as high as $21.10 and last traded at $20.00. Approximately 66,634 shares changed hands during mid-day trading, an increase of 542% from the average daily volume of 10,375 shares. The stock had previously closed at $19.77.

Wheeler Real Estate Investment Trust Price Performance

The firm has a 50-day moving average price of $18.15 and a two-hundred day moving average price of $15.78.

Institutional Investors Weigh In On Wheeler Real Estate Investment Trust

A hedge fund recently bought a new stake in Wheeler Real Estate Investment Trust stock. Cable Car Capital LLC acquired a new stake in Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 138,745 shares of the company’s stock, valued at approximately $1,808,000. Wheeler Real Estate Investment Trust makes up about 2.0% of Cable Car Capital LLC’s holdings, making the stock its 17th biggest position.

About Wheeler Real Estate Investment Trust

Headquartered in Virginia Beach, Virginia, Wheeler Real Estate Investment Trust, Inc is a fully integrated, self-managed commercial real estate investment trust (REIT) focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers.