WisdomTree U.S. AI Enhanced Value Fund (NYSEARCA:AIVL) Shares Up 0.4% – Here’s Why

WisdomTree U.S. AI Enhanced Value Fund (NYSEARCA:AIVL) shot up 0.4% on Wednesday . The stock traded as high as $133.12 and last traded at $133.07. Approximately 461 shares changed hands during trading, a decline of 84% from the average daily volume of 2,880 shares. The stock had previously closed at $132.59.

WisdomTree U.S. AI Enhanced Value Fund Stock Performance

The stock has a market cap of $430.35 million, a PE ratio of 19.07 and a beta of 0.79. The stock has a fifty day moving average price of $132.92 and a 200 day moving average price of $126.15.

Institutional Investors Weigh In On WisdomTree U.S. AI Enhanced Value Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of America Corp DE boosted its stake in shares of WisdomTree U.S. AI Enhanced Value Fund by 66.7% during the 4th quarter. Bank of America Corp DE now owns 787 shares of the company’s stock worth $84,000 after purchasing an additional 315 shares during the period. Royal Bank of Canada grew its holdings in WisdomTree U.S. AI Enhanced Value Fund by 35.6% during the 1st quarter. Royal Bank of Canada now owns 35,823 shares of the company’s stock valued at $3,933,000 after purchasing an additional 9,411 shares during the last quarter. Jones Financial Companies Lllp raised its position in WisdomTree U.S. AI Enhanced Value Fund by 125.7% in the 1st quarter. Jones Financial Companies Lllp now owns 1,325 shares of the company’s stock worth $145,000 after purchasing an additional 738 shares during the period. Cetera Investment Advisers raised its position in WisdomTree U.S. AI Enhanced Value Fund by 3.1% in the 2nd quarter. Cetera Investment Advisers now owns 5,606 shares of the company’s stock worth $634,000 after purchasing an additional 167 shares during the period. Finally, Baird Financial Group Inc. bought a new stake in WisdomTree U.S. AI Enhanced Value Fund in the second quarter worth about $706,000.

About WisdomTree U.S. AI Enhanced Value Fund

The WisdomTree U.S. Al Enhanced Value Fund (AIVL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that provides exposure to US value stocks from developed markets. AIVL was launched on Jun 16, 2006 and is managed by WisdomTree.