WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Sees Unusually-High Trading Volume – Here’s What Happened

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) shares saw an uptick in trading volume on Monday . 260,088 shares traded hands during mid-day trading, an increase of 88% from the previous session’s volume of 138,303 shares.The stock last traded at $44.33 and had previously closed at $46.09.

WisdomTree U.S. Quality Growth Fund Price Performance

The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 32.62 and a beta of 1.18. The business’s fifty day simple moving average is $49.41 and its 200 day simple moving average is $47.91.

Institutional Trading of WisdomTree U.S. Quality Growth Fund

Large investors have recently added to or reduced their stakes in the business. Columbia Advisory Partners LLC acquired a new stake in WisdomTree U.S. Quality Growth Fund during the 4th quarter valued at $13,081,000. Jane Street Group LLC boosted its stake in WisdomTree U.S. Quality Growth Fund by 414.0% during the 3rd quarter. Jane Street Group LLC now owns 27,655 shares of the company’s stock worth $1,262,000 after acquiring an additional 22,275 shares during the last quarter. Stifel Financial Corp grew its holdings in shares of WisdomTree U.S. Quality Growth Fund by 4.4% in the 3rd quarter. Stifel Financial Corp now owns 29,638 shares of the company’s stock valued at $1,352,000 after buying an additional 1,249 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of WisdomTree U.S. Quality Growth Fund in the third quarter worth about $1,193,000. Finally, MML Investors Services LLC boosted its stake in WisdomTree U.S. Quality Growth Fund by 13.7% in the 3rd quarter. MML Investors Services LLC now owns 18,644 shares of the company’s stock worth $851,000 after purchasing an additional 2,250 shares during the period.

About WisdomTree U.S. Quality Growth Fund

The Wisdomtree U.S. Quality Growth Fund (QGRW) is an exchange-traded fund that is based on the WisdomTree U.S. Quality Growth index. The fund tracks a market cap-weighted index of 100 large-cap growth companies in the US that exhibit the strongest quality characteristics relative to their peers. QGRW was launched on Dec 15, 2022 and is managed by WisdomTree.