WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW) Trading Down 1.1% – Here’s What Happened

WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW) shares traded down 1.1% during mid-day trading on Wednesday . The stock traded as low as $32.70 and last traded at $32.81. 89,672 shares were traded during mid-day trading, an increase of 41% from the average daily volume of 63,754 shares. The stock had previously closed at $33.19.

WisdomTree PutWrite Strategy Fund Stock Down 1.1%

The business has a fifty day simple moving average of $33.03 and a 200 day simple moving average of $33.08.

Institutional Trading of WisdomTree PutWrite Strategy Fund

Several hedge funds and other institutional investors have recently bought and sold shares of PUTW. Visionary Wealth Advisors grew its position in shares of WisdomTree PutWrite Strategy Fund by 49.9% during the 2nd quarter. Visionary Wealth Advisors now owns 34,099 shares of the company’s stock worth $1,093,000 after purchasing an additional 11,352 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in WisdomTree PutWrite Strategy Fund by 3.8% during the 2nd quarter. Smartleaf Asset Management LLC now owns 18,550 shares of the company’s stock worth $595,000 after acquiring an additional 674 shares during the period. Jane Street Group LLC raised its holdings in WisdomTree PutWrite Strategy Fund by 22.5% in the 2nd quarter. Jane Street Group LLC now owns 31,464 shares of the company’s stock valued at $1,008,000 after acquiring an additional 5,788 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of WisdomTree PutWrite Strategy Fund by 1.7% during 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 period. Finally, NewEdge Advisors LLC bought a new stake in shares of WisdomTree PutWrite Strategy Fund during the 2nd quarter valued at $1,300,000.

WisdomTree PutWrite Strategy Fund Company Profile

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.