WisdomTree U.S. Efficient Core Fund (NYSEARCA:NTSX) Reaches New 12-Month High – Still a Buy?

WisdomTree U.S. Efficient Core Fund (NYSEARCA:NTSX) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $59.26 and last traded at $59.10, with a volume of 8181 shares trading hands. The stock had previously closed at $58.70.

WisdomTree U.S. Efficient Core Fund Stock Up 0.6%

The firm’s 50-day moving average is $55.35 and its 200-day moving average is $55.12. The company has a market cap of $1.38 billion, a PE ratio of 25.07 and a beta of 1.03.

Hedge Funds Weigh In On WisdomTree U.S. Efficient Core Fund

Several hedge funds and other institutional investors have recently modified their holdings of NTSX. Cetera Investment Advisers grew its holdings in WisdomTree U.S. Efficient Core Fund by 0.3% in the first quarter. Cetera Investment Advisers now owns 563,758 shares of the company’s stock worth $29,400,000 after purchasing an additional 1,815 shares during the period. Frontier Asset Management LLC grew its holdings in WisdomTree U.S. Efficient Core Fund by 46.9% in the first quarter. Frontier Asset Management LLC now owns 13,118 shares of the company’s stock worth $684,000 after purchasing an additional 4,191 shares during the period. Team Financial Group LLC lifted its holdings in shares of WisdomTree U.S. Efficient Core Fund by 7.3% during the first quarter. Team Financial Group LLC now owns 4,289 shares of the company’s stock valued at $224,000 after purchasing an additional 291 shares during the last quarter. 46 Peaks LLC lifted its holdings in shares of WisdomTree U.S. Efficient Core Fund by 3.4% during the first quarter. 46 Peaks LLC now owns 442,988 shares of the company’s stock valued at $23,102,000 after purchasing an additional 14,473 shares during the last quarter. Finally, Kestra Advisory Services LLC lifted its holdings in shares of WisdomTree U.S. Efficient Core Fund by 62.1% during the first quarter. Kestra Advisory Services LLC now owns 134,234 shares of the company’s stock valued at $7,000,000 after purchasing an additional 51,434 shares during the last quarter.

WisdomTree U.S. Efficient Core Fund Company Profile

The WisdomTree U.S. Efficient Core Fund (NTSX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed portfolio of US equities and US Treasury futures contracts. NTSX was launched on Aug 2, 2018 and is managed by WisdomTree.