WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW) Trading 0.1% Higher – Should You Buy?

WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW) traded up 0.1% during mid-day trading on Thursday . The company traded as high as $33.24 and last traded at $33.18. 55,383 shares traded hands during trading, a decline of 49% from the average session volume of 108,077 shares. The stock had previously closed at $33.16.

WisdomTree PutWrite Strategy Fund Stock Down 1.4 %

The company’s 50 day simple moving average is $33.73 and its 200 day simple moving average is $33.35.

Institutional Investors Weigh In On WisdomTree PutWrite Strategy Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in PUTW. Private Advisor Group LLC lifted its position in WisdomTree PutWrite Strategy Fund by 3.3% during the second quarter. Private Advisor Group LLC now owns 15,404 shares of the company’s stock worth $514,000 after buying an additional 496 shares during the period. Northwestern Mutual Wealth Management Co. purchased a new position in shares of WisdomTree PutWrite Strategy Fund during the 2nd quarter worth about $134,000. Granite Bay Wealth Management LLC boosted its position in shares of WisdomTree PutWrite Strategy Fund by 208.0% in the second quarter. Granite Bay Wealth Management LLC now owns 23,790 shares of the company’s stock worth $794,000 after acquiring an additional 16,067 shares during the last quarter. Cetera Investment Advisers grew its holdings in WisdomTree PutWrite Strategy Fund by 2.2% in the second quarter. Cetera Investment Advisers now owns 45,158 shares of the company’s stock valued at $1,506,000 after purchasing an additional 980 shares during the period. Finally, CENTRAL TRUST Co increased its position in WisdomTree PutWrite Strategy Fund by 24.3% during the third quarter. CENTRAL TRUST Co now owns 67,167 shares of the company’s stock worth $2,223,000 after purchasing an additional 13,115 shares during the last quarter.

WisdomTree PutWrite Strategy Fund Company Profile

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.