WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Reaches New 12-Month High – Here’s What Happened

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $69.00 and last traded at $68.84, with a volume of 5100 shares trading hands. The stock had previously closed at $68.17.

WisdomTree U.S. Quality Growth Fund Stock Up 0.3%

The stock has a 50-day simple moving average of $65.44 and a two-hundred day simple moving average of $61.02. The firm has a market cap of $2.89 billion, a PE ratio of 36.83 and a beta of 1.32.

Hedge Funds Weigh In On WisdomTree U.S. Quality Growth Fund

A number of large investors have recently modified their holdings of the company. Centurion Wealth Management LLC lifted its position in WisdomTree U.S. Quality Growth Fund by 43.9% in the 2nd quarter. Centurion Wealth Management LLC now owns 161,509 shares of the company’s stock worth $10,664,000 after buying an additional 49,308 shares during the last quarter. RVW Wealth LLC boosted its stake in WisdomTree U.S. Quality Growth Fund by 0.7% in the second quarter. RVW Wealth LLC now owns 1,073,242 shares of the company’s stock worth $70,866,000 after buying an additional 7,601 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its stake in WisdomTree U.S. Quality Growth Fund by 15.8% in the second quarter. Dynamic Advisor Solutions LLC now owns 5,095 shares of the company’s stock worth $336,000 after buying an additional 695 shares in the last quarter. GK Wealth Management LLC bought a new position in WisdomTree U.S. Quality Growth Fund during the second quarter valued at approximately $1,127,000. Finally, CoreCap Advisors LLC grew its position in WisdomTree U.S. Quality Growth Fund by 33.9% during the second quarter. CoreCap Advisors LLC now owns 7,052 shares of the company’s stock valued at $466,000 after acquiring an additional 1,786 shares during the last quarter.

About WisdomTree U.S. Quality Growth Fund

The Wisdomtree U.S. Quality Growth Fund (QGRW) is an exchange-traded fund that is based on the WisdomTree U.S. Quality Growth index. The fund tracks a market cap-weighted index of 100 large-cap growth companies in the US that exhibit the strongest quality characteristics relative to their peers. QGRW was launched on Dec 15, 2022 and is managed by WisdomTree.