WisdomTree Artificial Intelligence and Innovation Fund (BATS:WTAI) Trading Up 1% – Time to Buy?

WisdomTree Artificial Intelligence and Innovation Fund (BATS:WTAI)’s share price rose 1% during trading on Friday . The company traded as high as $20.66 and last traded at $20.60. Approximately 16,008 shares were traded during mid-day trading, The stock had previously closed at $20.40.

WisdomTree Artificial Intelligence and Innovation Fund Price Performance

The firm has a market capitalization of $236.90 million, a P/E ratio of 29.23 and a beta of 1.74. The company has a fifty day moving average of $19.35 and a 200 day moving average of $19.95.

Institutional Trading of WisdomTree Artificial Intelligence and Innovation Fund

Large investors have recently bought and sold shares of the business. Private Ocean LLC acquired a new stake in WisdomTree Artificial Intelligence and Innovation Fund during the second quarter worth approximately $96,000. Transcend Capital Advisors LLC bought a new position in shares of WisdomTree Artificial Intelligence and Innovation Fund during the 2nd quarter worth approximately $215,000. AdvisorNet Financial Inc grew its position in shares of WisdomTree Artificial Intelligence and Innovation Fund by 9,014.6% during the 1st quarter. AdvisorNet Financial Inc now owns 64,805 shares of the company’s stock worth $1,346,000 after buying an additional 64,094 shares during the period. Finally, Orca Investment Management LLC bought a new stake in shares of WisdomTree Artificial Intelligence and Innovation Fund in the 3rd quarter valued at $1,449,000.

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.