WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Stock Price Down 0.2% – Time to Sell?

WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) was down 0.2% during mid-day trading on Friday . The stock traded as low as $18.95 and last traded at $18.96. Approximately 1,262 shares changed hands during trading, a decline of 67% from the average daily volume of 3,821 shares. The stock had previously closed at $18.99.

WisdomTree New Economy Real Estate Fund Trading Down 0.2 %

The business’s fifty day simple moving average is $19.15 and its 200 day simple moving average is $18.58. The stock has a market cap of $20.85 million, a P/E ratio of 23.52 and a beta of 1.07.

Institutional Inflows and Outflows

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

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.