WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW) Trading Down 0.5% – Time to Sell?

WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW) shares traded down 0.5% on Tuesday . The stock traded as low as $31.04 and last traded at $31.10. 97,302 shares changed hands during trading, an increase of 53% from the average session volume of 63,754 shares. The stock had previously closed at $31.26.

WisdomTree PutWrite Strategy Fund Price Performance

The company has a fifty day moving average of $33.09 and a 200-day moving average of $33.26.

Institutional Trading of WisdomTree PutWrite Strategy Fund

A number of institutional investors have recently bought and sold shares of PUTW. Raymond James Financial Inc. increased its holdings in shares of WisdomTree PutWrite Strategy Fund by 1.7% in the 2nd quarter. Raymond James Financial Inc. now owns 169,661 shares of the company’s stock valued at $5,436,000 after acquiring an additional 2,778 shares during the last quarter. Avestar Capital LLC lifted its stake in WisdomTree PutWrite Strategy Fund by 2.0% during the second quarter. Avestar Capital LLC now owns 102,818 shares of the company’s stock worth $3,294,000 after purchasing an additional 1,998 shares during the last quarter. NewEdge Advisors LLC acquired a new position in WisdomTree PutWrite Strategy Fund in the second quarter valued at approximately $1,300,000. Osaic Holdings Inc. boosted its holdings in WisdomTree PutWrite Strategy Fund by 4.0% in the second quarter. Osaic Holdings Inc. now owns 37,541 shares of the company’s stock valued at $1,203,000 after purchasing an additional 1,454 shares in the last quarter. Finally, Cresset Asset Management LLC increased its stake in WisdomTree PutWrite Strategy Fund by 1.0% in the second quarter. Cresset Asset Management LLC now owns 34,839 shares of the company’s stock valued at $1,116,000 after purchasing an additional 340 shares during the last quarter.

About WisdomTree PutWrite Strategy Fund

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. PUTW was launched on Feb 24, 2016 and is managed by WisdomTree.