WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW) Stock Price Up 0.2% – What’s Next?

WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW) shares rose 0.2% during mid-day trading on Thursday . The stock traded as high as $33.57 and last traded at $33.28. Approximately 125,131 shares traded hands during mid-day trading, an increase of 272% from the average daily volume of 33,663 shares. The stock had previously closed at $33.22.

WisdomTree PutWrite Strategy Fund Trading Up 1.1 %

The firm has a 50-day moving average of $33.75 and a two-hundred day moving average of $33.35.

Institutional Investors Weigh In On WisdomTree PutWrite Strategy Fund

A number of hedge funds have recently made changes to their positions in PUTW. Castle Wealth Management LLC raised its position in WisdomTree PutWrite Strategy Fund by 346.8% in the third quarter. Castle Wealth Management LLC now owns 204,637 shares of the company’s stock valued at $6,773,000 after purchasing an additional 158,841 shares during the last quarter. Granite Bay Wealth Management LLC increased its stake in shares of WisdomTree PutWrite Strategy Fund by 196.4% in the third quarter. Granite Bay Wealth Management LLC now owns 70,511 shares of the company’s stock valued at $2,334,000 after buying an additional 46,721 shares during the period. Cary Street Partners Asset Management LLC raised its holdings in WisdomTree PutWrite Strategy Fund by 55.8% in the 3rd quarter. Cary Street Partners Asset Management LLC now owns 108,721 shares of the company’s stock valued at $3,599,000 after buying an additional 38,957 shares during the last quarter. Arkadios Wealth Advisors boosted its position in WisdomTree PutWrite Strategy Fund by 323.1% during the 3rd quarter. Arkadios Wealth Advisors now owns 49,982 shares of the company’s stock worth $1,654,000 after buying an additional 38,170 shares during the period. Finally, CENTRAL TRUST Co grew its holdings in WisdomTree PutWrite Strategy Fund by 24.3% during the 3rd quarter. CENTRAL TRUST Co now owns 67,167 shares of the company’s stock worth $2,223,000 after acquiring an additional 13,115 shares during 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.