WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Sets New 52-Week Low – Here’s What Happened

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) hit a new 52-week low during trading on Monday . The stock traded as low as $37.29 and last traded at $37.42, with a volume of 45003 shares. The stock had previously closed at $39.41.

WisdomTree U.S. Quality Growth Fund Trading Up 12.2 %

The stock has a fifty day simple moving average of $46.83 and a two-hundred day simple moving average of $47.85. The firm has a market cap of $861.02 million, a PE ratio of 33.59 and a beta of 1.18.

Institutional Trading of WisdomTree U.S. Quality Growth Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Runnymede Capital Advisors Inc. bought a new position in shares of WisdomTree U.S. Quality Growth Fund in the fourth quarter worth $65,000. Private Trust Co. NA bought a new position in WisdomTree U.S. Quality Growth Fund in the 4th quarter worth about $71,000. Jones Financial Companies Lllp purchased a new stake in shares of WisdomTree U.S. Quality Growth Fund in the 4th quarter valued at about $97,000. Founders Financial Alliance LLC boosted its position in shares of WisdomTree U.S. Quality Growth Fund by 821.0% during the 4th quarter. Founders Financial Alliance LLC now owns 2,634 shares of the company’s stock valued at $130,000 after acquiring an additional 2,348 shares during the last quarter. Finally, Gateway Wealth Partners LLC purchased a new position in shares of WisdomTree U.S. Quality Growth Fund during the fourth quarter worth about $211,000.

WisdomTree U.S. Quality Growth Fund Company Profile

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.