WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Shares Up 0.7% – Should You Buy?

WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE)’s stock price rose 0.7% during mid-day trading on Monday . The company traded as high as $16.76 and last traded at $16.76. Approximately 1,119 shares were traded during trading, a decline of 49% from the average daily volume of 2,188 shares. The stock had previously closed at $16.65.

WisdomTree New Economy Real Estate Fund Stock Performance

The company has a market capitalization of $18.84 million, a PE ratio of 23.52 and a beta of 1.07. The company’s fifty day moving average is $17.95 and its 200-day moving average is $18.62.

Institutional Investors Weigh In On WisdomTree New Economy Real Estate Fund

An institutional investor recently raised its position in WisdomTree New Economy Real Estate Fund stock. Jane Street Group LLC increased its holdings in WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) by 51.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,512 shares of the company’s stock after purchasing 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 as of its most recent SEC filing.

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.