WisdomTree Artificial Intelligence and Innovation Fund (BATS:WTAI) Shares Down 0.9% – Here’s What Happened

WisdomTree Artificial Intelligence and Innovation Fund (BATS:WTAI)’s share price traded down 0.9% on Friday . The stock traded as low as $22.17 and last traded at $22.49. 73,564 shares traded hands during trading, The stock had previously closed at $22.69.

WisdomTree Artificial Intelligence and Innovation Fund Trading Down 1.2 %

The stock has a 50-day simple moving average of $22.14 and a two-hundred day simple moving average of $20.71. The firm has a market capitalization of $255.42 million, a P/E ratio of 29.23 and a beta of 1.74.

Hedge Funds Weigh In On WisdomTree Artificial Intelligence and Innovation Fund

A hedge fund recently bought a new stake in WisdomTree Artificial Intelligence and Innovation Fund stock. Orca Investment Management LLC bought a new position in shares of WisdomTree Artificial Intelligence and Innovation Fund (BATS:WTAI) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 72,695 shares of the company’s stock, valued at approximately $1,449,000. WisdomTree Artificial Intelligence and Innovation Fund makes up approximately 1.3% of Orca Investment Management LLC’s portfolio, making the stock its 25th biggest position. Orca Investment Management LLC owned 0.63% of WisdomTree Artificial Intelligence and Innovation Fund as of its most recent SEC filing.

WisdomTree Artificial Intelligence and Innovation Fund Company Profile

The WisdomTree Artificial Intelligence and Innovation Fund (WTAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an equally-weighted index of globally-listed stocks whose businesses are derived from artificial intelligence and innovation. Selection and weighting are overseen by a committee.