WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW) Shares Down 0.2% – Should You Sell?

Shares of WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW) dropped 0.2% during trading on Friday . The stock traded as low as $30.95 and last traded at $31.00. Approximately 80,856 shares traded hands during trading, an increase of 44% from the average daily volume of 56,337 shares. The stock had previously closed at $31.07.

WisdomTree PutWrite Strategy Fund Stock Down 0.2 %

The stock’s 50 day moving average price is $30.62 and its 200-day moving average price is $32.55.

WisdomTree PutWrite Strategy Fund Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Wednesday, March 26th were paid a dividend of $0.315 per share. The ex-dividend date was Wednesday, March 26th.

Hedge Funds Weigh In On WisdomTree PutWrite Strategy Fund

Large investors have recently bought and sold shares of the stock. Oppenheimer & Co. Inc. boosted its holdings in shares of WisdomTree PutWrite Strategy Fund by 59.1% during the fourth quarter. Oppenheimer & Co. Inc. now owns 19,111 shares of the company’s stock worth $630,000 after purchasing an additional 7,102 shares during the period. Avory & Company LLC bought a new position in WisdomTree PutWrite Strategy Fund during the 4th quarter valued at approximately $248,000. Private Advisor Group LLC lifted its holdings in WisdomTree PutWrite Strategy Fund by 16.9% in the 4th quarter. Private Advisor Group LLC now owns 16,104 shares of the company’s stock worth $531,000 after buying an additional 2,325 shares during the period. White & Co Financial Planning Inc bought a new stake in shares of WisdomTree PutWrite Strategy Fund in the 4th quarter worth approximately $218,000. Finally, Sanctuary Advisors LLC purchased a new position in shares of WisdomTree PutWrite Strategy Fund during the fourth quarter valued at approximately $1,638,000.

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.