WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Shares Shorted: Short Interest Down 50.1% in September

by · The Cerbat Gem

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW – Get Free Report) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 44,432 shares, a drop of 50.1% from the August 31st total of 89,105 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 188,427 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of WisdomTree U.S. Quality Growth Fund

Hedge funds have recently modified their holdings of the business. Bank of America Corp DE increased its stake in shares of WisdomTree U.S. Quality Growth Fund by 29.5% in the 1st quarter. Bank of America Corp DE now owns 2,039,375 shares of the company’s stock worth $108,964,000 after acquiring an additional 464,860 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in WisdomTree U.S. Quality Growth Fund by 41.1% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,021,046 shares of the company’s stock worth $54,554,000 after acquiring an additional 297,582 shares in the last quarter. LPL Financial LLC grew its holdings in WisdomTree U.S. Quality Growth Fund by 8.9% in the fourth quarter. LPL Financial LLC now owns 2,817,821 shares of the company’s stock worth $165,322,000 after purchasing an additional 230,242 shares during the period. Resolute Capital LLC purchased a new stake in WisdomTree U.S. Quality Growth Fund in the fourth quarter worth about $12,846,000. Finally, Private Advisor Group LLC increased its stake in shares of WisdomTree U.S. Quality Growth Fund by 12.9% during the first quarter. Private Advisor Group LLC now owns 1,302,260 shares of the company’s stock valued at $69,580,000 after purchasing an additional 148,785 shares in the last quarter.

WisdomTree U.S. Quality Growth Fund Stock Performance

Shares of NYSEARCA QGRW traded down $0.06 during mid-day trading on Wednesday, hitting $68.68. 187,577 shares of the stock traded hands, compared to its average volume of 312,101. The company has a market cap of $3.18 billion, a price-to-earnings ratio of 36.83 and a beta of 1.32. The stock has a fifty day moving average price of $66.95 and a 200-day moving average price of $63.84. WisdomTree U.S. Quality Growth Fund has a 52 week low of $50.94 and a 52 week high of $69.34.

WisdomTree U.S. Quality Growth Fund Company Profile

(Get Free Report)

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.

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