WisdomTree Cloud Computing Fund (NASDAQ:WCLD) Stock Price Down 0.2% – Here’s What Happened

WisdomTree Cloud Computing Fund (NASDAQ:WCLD) shares were down 0.2% during trading on Friday . The company traded as low as $34.22 and last traded at $34.79. Approximately 1,126,897 shares traded hands during mid-day trading, a decline of 0% from the average daily volume of 1,127,107 shares. The stock had previously closed at $34.86.

WisdomTree Cloud Computing Fund Stock Performance

The firm has a 50-day moving average price of $31.47 and a two-hundred day moving average price of $30.00. The firm has a market cap of $258.49 million, a price-to-earnings ratio of -15.68 and a beta of 1.09.

Institutional Trading of WisdomTree Cloud Computing Fund

Large investors have recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in WisdomTree Cloud Computing Fund by 2.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 234,441 shares of the company’s stock worth $8,245,000 after purchasing an additional 6,633 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of WisdomTree Cloud Computing Fund by 165.0% in the third quarter. Tower Research Capital LLC TRC now owns 22,007 shares of the company’s stock valued at $774,000 after buying an additional 13,701 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of WisdomTree Cloud Computing Fund by 46.7% during the fourth quarter. Jane Street Group LLC now owns 13,265 shares of the company’s stock worth $464,000 after buying an additional 4,220 shares during the period. Integrated Wealth Concepts LLC purchased a new position in shares of WisdomTree Cloud Computing Fund during the first quarter worth about $424,000. Finally, Bank of America Corp DE grew its holdings in shares of WisdomTree Cloud Computing Fund by 332.2% during the first quarter. Bank of America Corp DE now owns 174,838 shares of the company’s stock worth $4,777,000 after buying an additional 134,389 shares during the last quarter.

About WisdomTree Cloud Computing Fund

The WisdomTree Cloud Computing Fund (WCLD) is an exchange-traded fund that is based on the BVP Nasdaq Emerging Cloud index. The fund tracks and index of US companies primarily focused on cloud software and services. Stocks are equal weighted in the index. WCLD was launched on Sep 6, 2019 and is managed by WisdomTree.