Free Trial

WisdomTree Cloud Computing Fund (NASDAQ:WCLD) Trading Down 0.3% - Time to Sell?

WisdomTree Cloud Computing Fund logo with Manufacturing background

WisdomTree Cloud Computing Fund (NASDAQ:WCLD - Get Free Report)'s share price dropped 0.3% on Monday . The company traded as low as $33.14 and last traded at $33.31. Approximately 67,549 shares were traded during trading, a decline of 72% from the average daily volume of 238,520 shares. The stock had previously closed at $33.42.

WisdomTree Cloud Computing Fund Stock Performance

The stock has a market cap of $414.71 million, a price-to-earnings ratio of -15.68 and a beta of 1.09. The stock's 50-day simple moving average is $31.64 and its two-hundred day simple moving average is $31.59.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of WCLD. First PREMIER Bank lifted its position in WisdomTree Cloud Computing Fund by 35.8% during the 1st quarter. First PREMIER Bank now owns 1,594 shares of the company's stock worth $56,000 after acquiring an additional 420 shares during the last quarter. O ROURKE & COMPANY Inc acquired a new position in WisdomTree Cloud Computing Fund during the 1st quarter worth $293,000. SpiderRock Advisors LLC acquired a new position in WisdomTree Cloud Computing Fund during the 1st quarter worth $432,000. Joseph P. Lucia & Associates LLC raised its position in shares of WisdomTree Cloud Computing Fund by 1.2% during the first quarter. Joseph P. Lucia & Associates LLC now owns 29,719 shares of the company's stock valued at $1,035,000 after buying an additional 340 shares during the last quarter. Finally, SageView Advisory Group LLC acquired a new position in shares of WisdomTree Cloud Computing Fund during the first quarter valued at about $961,000.

About WisdomTree Cloud Computing Fund

(Get Free Report)

The WisdomTree Cloud Computing Fund (WCLD) is an exchange-traded fund that is based on the BVP Nasdaq Emerging Cloud index. The fund tracks and index of US companies primarily focused on cloud software and services. Stocks are equal weighted in the index. WCLD was launched on Sep 6, 2019 and is managed by WisdomTree.

Read More

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

→ This company will win the AI race (From Porter & Company) (Ad)

Should you invest $1,000 in WisdomTree Cloud Computing Fund right now?

Before you consider WisdomTree Cloud Computing Fund, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and WisdomTree Cloud Computing Fund wasn't on the list.

While WisdomTree Cloud Computing Fund currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

20 High-Yield Dividend Stocks that Could Ruin Your Retirement Cover

Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why Whitestone REIT is Outperforming in 2024: 35% Growth & Monthly Dividends
Why SoundHound Stock Dip Could Mean Big Gains for 2025 Investors
Nintendo Stock: Buy Before the 2025 Switch Platform Hits!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines