WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW) Shares Down 0.1% – Here’s Why

Shares of WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW) traded down 0.1% on Thursday . The company traded as low as $33.77 and last traded at $33.84. 46,540 shares changed hands during trading, an increase of 44% from the average session volume of 32,261 shares. The stock had previously closed at $33.88.

WisdomTree PutWrite Strategy Fund Price Performance

The firm has a 50 day moving average of $33.48 and a two-hundred day moving average of $33.24.

Institutional Trading of WisdomTree PutWrite Strategy Fund

Several hedge funds and other institutional investors have recently made changes to their positions in PUTW. Aptus Capital Advisors LLC lifted its position in WisdomTree PutWrite Strategy Fund by 90.0% in the 3rd quarter. Aptus Capital Advisors LLC now owns 950 shares of the company’s stock valued at $31,000 after acquiring an additional 450 shares in the last quarter. Farther Finance Advisors LLC bought a new position in WisdomTree PutWrite Strategy Fund in the 3rd quarter valued at approximately $48,000. Northwestern Mutual Wealth Management Co. bought a new position in WisdomTree PutWrite Strategy Fund in the 2nd quarter valued at approximately $134,000. Harbour Investments Inc. lifted its position in WisdomTree PutWrite Strategy Fund by 26.3% in the 2nd quarter. Harbour Investments Inc. now owns 6,733 shares of the company’s stock valued at $225,000 after acquiring an additional 1,401 shares in the last quarter. Finally, Pineridge Advisors LLC lifted its position in WisdomTree PutWrite Strategy Fund by 6.3% in the 2nd quarter. Pineridge Advisors LLC now owns 11,374 shares of the company’s stock valued at $379,000 after acquiring an additional 679 shares in the last quarter.

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.