WisdomTree Artificial Intelligence and Innovation Fund (BATS:WTAI) Stock Price Down 0.5% – Here’s Why

WisdomTree Artificial Intelligence and Innovation Fund (BATS:WTAI) shares fell 0.5% during mid-day trading on Tuesday . The company traded as low as $22.45 and last traded at $21.91. 27,464 shares traded hands during trading, The stock had previously closed at $22.02.

WisdomTree Artificial Intelligence and Innovation Fund Stock Down 0.5 %

The firm’s fifty day moving average price is $23.04 and its 200 day moving average price is $21.39. The stock has a market cap of $193.86 million, a PE ratio of 26.78 and a beta of 1.38.

Institutional Investors Weigh In On WisdomTree Artificial Intelligence and Innovation Fund

Institutional investors have recently added to or reduced their stakes in the business. Creative Financial Designs Inc. ADV acquired a new position in shares of WisdomTree Artificial Intelligence and Innovation Fund in the 4th quarter valued at $29,000. Harbor Investment Advisory LLC grew its stake in WisdomTree Artificial Intelligence and Innovation Fund by 67.8% during the 4th quarter. Harbor Investment Advisory LLC now owns 1,619 shares of the company’s stock valued at $36,000 after purchasing an additional 654 shares during the last quarter. AllSquare Wealth Management LLC increased its holdings in shares of WisdomTree Artificial Intelligence and Innovation Fund by 16.9% in the fourth quarter. AllSquare Wealth Management LLC now owns 3,388 shares of the company’s stock valued at $75,000 after purchasing an additional 490 shares during the period. Sherman Asset Management Inc. purchased a new position in shares of WisdomTree Artificial Intelligence and Innovation Fund in the fourth quarter worth about $199,000. Finally, Ameriprise Financial Inc. acquired a new stake in shares of WisdomTree Artificial Intelligence and Innovation Fund during the fourth quarter worth about $251,000.

About WisdomTree Artificial Intelligence and Innovation Fund

The WisdomTree Artificial Intelligence and Innovation Fund (WTAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an equally-weighted index of globally-listed stocks whose businesses are derived from artificial intelligence and innovation. Selection and weighting are overseen by a committee.