WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Stock Short Interest Climbs 122.4%

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 98,805 shares, a growth of 122.4% from the September 15th total of 44,432 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 307,439 shares, the short-interest ratio is presently 0.3 days.

WisdomTree U.S. Quality Growth Fund Stock Down 0.2%

WisdomTree U.S. Quality Growth Fund stock traded down $0.10 during mid-day trading on Thursday, hitting $68.52. The company’s stock had a trading volume of 103,098 shares, compared to its average volume of 312,502. The stock has a market capitalization of $3.25 billion, a P/E ratio of 36.83 and a beta of 1.31. The stock’s fifty day moving average price is $68.07 and its two-hundred day moving average price is $64.98. WisdomTree U.S. Quality Growth Fund has a twelve month low of $50.94 and a twelve month high of $71.12.

Hedge Funds Weigh In On WisdomTree U.S. Quality Growth Fund

A number of hedge funds have recently modified their holdings of QGRW. Retirement Planning Group LLC increased its holdings in WisdomTree U.S. Quality Growth Fund by 2.8% in the first quarter. Retirement Planning Group LLC now owns 4,330,872 shares of the company’s stock worth $231,399,000 after buying an additional 116,663 shares during the last quarter. Bank of America Corp DE raised its stake in shares of WisdomTree U.S. Quality Growth Fund by 29.5% in the 1st quarter. Bank of America Corp DE now owns 2,039,375 shares of the company’s stock valued at $108,964,000 after acquiring an additional 464,860 shares in the last quarter. Private Advisor Group LLC raised its stake in shares of WisdomTree U.S. Quality Growth Fund by 12.9% in the 1st quarter. Private Advisor Group LLC now owns 1,302,260 shares of the company’s stock valued at $69,580,000 after acquiring an additional 148,785 shares in the last quarter. RVW Wealth LLC raised its stake in shares of WisdomTree U.S. Quality Growth Fund by 4.1% in the 3rd quarter. RVW Wealth LLC now owns 1,117,209 shares of the company’s stock valued at $76,730,000 after acquiring an additional 43,967 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in WisdomTree U.S. Quality Growth Fund by 41.1% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,021,046 shares of the company’s stock worth $54,554,000 after purchasing an additional 297,582 shares during 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.