WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Stock Price Down 0.2% – Here’s Why

WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE)’s stock price traded down 0.2% on Friday . The stock traded as low as $18.95 and last traded at $18.96. 1,262 shares changed hands during trading, a decline of 67% from the average session volume of 3,821 shares. The stock had previously closed at $18.99.

WisdomTree New Economy Real Estate Fund Trading Down 0.2 %

The company has a market cap of $20.85 million, a P/E ratio of 23.52 and a beta of 1.07. The business has a 50 day moving average price of $19.15 and a 200-day moving average price of $18.58.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in WisdomTree New Economy Real Estate Fund stock. Flow Traders U.S. LLC purchased a new position in shares of WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 46,455 shares of the company’s stock, valued at approximately $925,000. Flow Traders U.S. LLC owned 4.22% of WisdomTree New Economy Real Estate Fund as of its most recent filing with the Securities & Exchange Commission.

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.