WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW) Trading 0.2% Higher – Should You Buy?

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

WisdomTree PutWrite Strategy Fund Price Performance

The stock’s 50-day moving average price is $33.74 and its 200 day moving average price is $33.35.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Castle Wealth Management LLC grew its stake in shares of 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 worth $6,773,000 after acquiring an additional 158,841 shares during the last quarter. Cary Street Partners Asset Management LLC boosted 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 purchasing an additional 38,957 shares during the period. Opes Wealth Management LLC grew its position in WisdomTree PutWrite Strategy Fund by 3.9% in the 3rd quarter. Opes Wealth Management LLC now owns 86,345 shares of the company’s stock worth $2,858,000 after purchasing an additional 3,205 shares during the last quarter. Granite Bay Wealth Management LLC increased its holdings in shares of WisdomTree PutWrite Strategy Fund by 196.4% during the 3rd quarter. Granite Bay Wealth Management LLC now owns 70,511 shares of the company’s stock worth $2,334,000 after purchasing an additional 46,721 shares during the period. Finally, CENTRAL TRUST Co raised its position in shares of WisdomTree PutWrite Strategy Fund by 24.3% during the third quarter. CENTRAL TRUST Co now owns 67,167 shares of the company’s stock valued at $2,223,000 after buying 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.