WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Trading 1.6% Higher – What’s Next?

WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) traded up 1.6% during trading on Friday . The company traded as high as $17.52 and last traded at $17.37. 5,899 shares changed 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 Trading Up 1.6 %

The company has a market capitalization of $19.11 million, a PE ratio of 23.52 and a beta of 1.07. The stock’s fifty day moving average is $18.71 and its two-hundred day moving average is $18.65.

Hedge Funds Weigh In On WisdomTree New Economy Real Estate Fund

A hedge fund recently raised its stake in WisdomTree New Economy Real Estate Fund stock. Jane Street Group LLC raised its position in WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) by 51.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,512 shares of the company’s stock after buying an additional 8,718 shares during the quarter. Jane Street Group LLC owned about 2.32% of WisdomTree New Economy Real Estate Fund worth $508,000 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.