WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW) Stock Price Down 0.1% – Time to Sell?

WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW) shares traded down 0.1% during trading on Thursday . The company traded as low as $33.77 and last traded at $33.84. 46,540 shares were traded during trading, an increase of 44% from the average session volume of 32,261 shares. The stock had previously closed at $33.88.

WisdomTree PutWrite Strategy Fund Price Performance

The firm’s fifty day moving average price is $33.48 and its two-hundred day moving average price is $33.24.

Institutional Investors Weigh In On WisdomTree PutWrite Strategy Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Aptus Capital Advisors LLC raised its position in WisdomTree PutWrite Strategy Fund by 90.0% during the third quarter. Aptus Capital Advisors LLC now owns 950 shares of the company’s stock valued at $31,000 after purchasing an additional 450 shares in the last quarter. Farther Finance Advisors LLC purchased a new position in shares of WisdomTree PutWrite Strategy Fund in the third quarter worth about $48,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of WisdomTree PutWrite Strategy Fund in the second quarter worth about $134,000. Harbour Investments Inc. increased its holdings in shares of WisdomTree PutWrite Strategy Fund by 26.3% in the second quarter. Harbour Investments Inc. now owns 6,733 shares of the company’s stock worth $225,000 after buying an additional 1,401 shares during the period. Finally, Pineridge Advisors LLC increased its holdings in shares of WisdomTree PutWrite Strategy Fund by 6.3% in the second quarter. Pineridge Advisors LLC now owns 11,374 shares of the company’s stock worth $379,000 after buying an additional 679 shares during the period.

WisdomTree PutWrite Strategy Fund Company Profile

The WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW) is an exchange-traded fund that is based on the Cboe S&P 500 PutWrite index. The fund tracks an index that consists of short SPY put options and cash collateral. The index selects put options that target a premium of 2.5% and rolls its exposure twice a month.