WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW) Trading 0.4% Higher – What’s Next?

WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW)’s share price traded up 0.4% during trading on Wednesday . The company traded as high as $32.65 and last traded at $32.60. Approximately 91,089 shares were traded during mid-day trading, an increase of 43% from the average session volume of 63,754 shares. The stock had previously closed at $32.48.

WisdomTree PutWrite Strategy Fund Trading Up 0.4%

The company has a fifty day moving average of $32.95 and a two-hundred day moving average of $33.01.

Institutional Investors Weigh In On WisdomTree PutWrite Strategy Fund

Several hedge funds and other institutional investors have recently made changes to their positions in PUTW. Smartleaf Asset Management LLC lifted its holdings in shares of WisdomTree PutWrite Strategy Fund by 3.8% in 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 last quarter. Raymond James Financial Inc. grew its holdings in 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 purchasing an additional 2,778 shares during the last quarter. Jane Street Group LLC grew its holdings in WisdomTree PutWrite Strategy Fund by 22.5% during the 2nd quarter. Jane Street Group LLC now owns 31,464 shares of the company’s stock valued at $1,008,000 after purchasing an additional 5,788 shares during the last quarter. Visionary Wealth Advisors raised its position in WisdomTree PutWrite Strategy Fund by 49.9% in 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 during the period. Finally, NewEdge Advisors LLC purchased a new stake in WisdomTree PutWrite Strategy Fund in the 2nd quarter worth about $1,300,000.

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.