WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Trading Up 0.9% – What’s Next?

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW)’s stock price shot up 0.9% on Tuesday . The stock traded as high as $66.36 and last traded at $66.23. Approximately 144,222 shares traded hands during trading, a decline of 58% from the average daily volume of 343,566 shares. The stock had previously closed at $65.62.

WisdomTree U.S. Quality Growth Fund Stock Down 1.5%

The firm has a market capitalization of $2.66 billion, a P/E ratio of 36.83 and a beta of 1.31. The business has a 50-day moving average price of $65.59 and a 200-day moving average price of $60.49.

Institutional Investors Weigh In On WisdomTree U.S. Quality Growth Fund

Several institutional investors and hedge funds have recently bought and sold shares of QGRW. RFG Advisory LLC grew its stake in shares of WisdomTree U.S. Quality Growth Fund by 0.5% in the 1st quarter. RFG Advisory LLC now owns 37,566 shares of the company’s stock valued at $2,007,000 after purchasing an additional 172 shares during the period. JPMorgan Chase & Co. lifted its position in shares of WisdomTree U.S. Quality Growth Fund by 8.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,605 shares of the company’s stock worth $137,000 after buying an additional 195 shares during the period. Park Avenue Securities LLC lifted its position in shares of WisdomTree U.S. Quality Growth Fund by 1.8% during the 4th quarter. Park Avenue Securities LLC now owns 11,653 shares of the company’s stock worth $684,000 after buying an additional 211 shares during the period. Flagship Harbor Advisors LLC boosted its stake in WisdomTree U.S. Quality Growth Fund by 0.6% in the 4th quarter. Flagship Harbor Advisors LLC now owns 61,334 shares of the company’s stock valued at $3,598,000 after buying an additional 338 shares in the last quarter. Finally, Great Valley Advisor Group Inc. boosted its stake in WisdomTree U.S. Quality Growth Fund by 2.1% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 17,801 shares of the company’s stock valued at $935,000 after buying an additional 363 shares in the last quarter.

About WisdomTree U.S. Quality Growth Fund

The Wisdomtree U.S. Quality Growth Fund (QGRW) is an exchange-traded fund that is based on the WisdomTree U.S. Quality Growth index. The fund tracks a market cap-weighted index of 100 large-cap growth companies in the US that exhibit the strongest quality characteristics relative to their peers. QGRW was launched on Dec 15, 2022 and is managed by WisdomTree.