WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) Stock Falls 1.1% – What’s Next?

WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE)’s share price was down 1.1% on Friday. The stock traded as low as $63.40 and last traded at $63.75. 97,968 shares were traded during trading, a decline of 26% from the average daily volume of 133,139 shares. The stock had previously closed at $64.44.

WisdomTree Efficient Gold Plus Equity Strategy Fund Stock Down 1.1%

The company has a market capitalization of $328.31 million, a P/E ratio of 25.53 and a beta of 1.00. The company has a 50-day moving average of $66.59 and a two-hundred day moving average of $65.51.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Kestra Advisory Services LLC lifted its position in WisdomTree Efficient Gold Plus Equity Strategy Fund by 79.7% in the 1st quarter. Kestra Advisory Services LLC now owns 82,494 shares of the company’s stock valued at $5,189,000 after acquiring an additional 36,599 shares in the last quarter. Triton Wealth Management PLLC increased its holdings in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund by 34.0% in the 1st quarter. Triton Wealth Management PLLC now owns 96,556 shares of the company’s stock worth $6,232,000 after purchasing an additional 24,492 shares in the last quarter. Modern Wealth Management LLC bought a new stake in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund in the 1st quarter worth $1,278,000. Arkadios Wealth Advisors bought a new stake in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund in the 1st quarter worth $1,097,000. Finally, SteelPeak Wealth LLC raised its stake in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund by 114.6% in the first quarter. SteelPeak Wealth LLC now owns 18,367 shares of the company’s stock worth $1,155,000 after purchasing an additional 9,810 shares during the last quarter.

WisdomTree Efficient Gold Plus Equity Strategy Fund Company Profile

The WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is actively managed to provide leveraged exposure, in approximately equal proportion, to US-listed gold futures and US large-cap equities. GDE was launched on Mar 17, 2022 and is managed by WisdomTree.