WisdomTree Artificial Intelligence and Innovation Fund (BATS:WTAI) Shares Down 0.9% – Here’s What Happened

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

WisdomTree Artificial Intelligence and Innovation Fund Stock Performance

The company has a 50 day moving average price of $22.09 and a 200 day moving average price of $20.69. The firm has a market cap of $255.42 million, a price-to-earnings ratio of 29.23 and a beta of 1.74.

Institutional Investors Weigh In On WisdomTree Artificial Intelligence and Innovation Fund

A hedge fund recently bought a new stake in WisdomTree Artificial Intelligence and Innovation Fund stock. Flow Traders U.S. LLC purchased a new position in shares of WisdomTree Artificial Intelligence and Innovation Fund (BATS:WTAI) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 106,993 shares of the company’s stock, valued at approximately $2,132,000. Flow Traders U.S. LLC owned approximately 0.93% 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.