WisdomTree Cloud Computing Fund (NASDAQ:WCLD) Trading Up 0.6%

Shares of WisdomTree Cloud Computing Fund (NASDAQ:WCLD – Get Rating) were up 0.6% during mid-day trading on Wednesday . The company traded as high as $29.05 and last traded at $28.93. Approximately 111,755 shares traded hands during mid-day trading, a decline of 54% from the average daily volume of 243,895 shares. The stock had previously closed at $28.77.

WisdomTree Cloud Computing Fund Stock Performance

The firm has a market capitalization of $652.23 million, a P/E ratio of -15.68 and a beta of 1.09. The business has a fifty day moving average of $27.27 and a 200-day moving average of $28.07.

Institutional Trading of WisdomTree Cloud Computing Fund

Large investors have recently added to or reduced their stakes in the business. Moloney Securities Asset Management LLC lifted its position in shares of WisdomTree Cloud Computing Fund by 4.5% in the first quarter. Moloney Securities Asset Management LLC now owns 10,120 shares of the company’s stock worth $301,000 after purchasing an additional 440 shares in the last quarter. Gladstone Institutional Advisory LLC boosted its stake in shares of WisdomTree Cloud Computing Fund by 5.6% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 12,393 shares of the company’s stock valued at $311,000 after buying an additional 662 shares during the period. Rockefeller Capital Management L.P. increased its stake in shares of WisdomTree Cloud Computing Fund by 14.7% in the third quarter. Rockefeller Capital Management L.P. now owns 5,186 shares of the company’s stock worth $138,000 after acquiring an additional 665 shares during the last quarter. PSI Advisors LLC raised its stake in shares of WisdomTree Cloud Computing Fund by 11.1% during the 1st quarter. PSI Advisors LLC now owns 6,945 shares of the company’s stock worth $206,000 after purchasing an additional 692 shares in the last quarter. Finally, Macroview Investment Management LLC increased its holdings in WisdomTree Cloud Computing Fund by 267.2% in the fourth quarter. Macroview Investment Management LLC now owns 1,344 shares of the company’s stock worth $34,000 after buying an additional 978 shares during the last quarter.

WisdomTree Cloud Computing Fund Company Profile

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The WisdomTree Cloud Computing Fund (WCLD) is an exchange-traded fund that is based on the BVP Nasdaq Emerging Cloud index. The fund tracks and index of US companies primarily focused on cloud software and services. Stocks are equal weighted in the index. WCLD was launched on Sep 6, 2019 and is managed by WisdomTree.