WisdomTree U.S. AI Enhanced Value Fund (NYSEARCA:AIVL) Trading Down 1.2% – What’s Next?

Shares of WisdomTree U.S. AI Enhanced Value Fund (NYSEARCA:AIVL) traded down 1.2% during mid-day trading on Friday . The company traded as low as $109.09 and last traded at $109.09. 1,875 shares were traded during mid-day trading, a decline of 50% from the average session volume of 3,781 shares. The stock had previously closed at $110.45.

WisdomTree U.S. AI Enhanced Value Fund Trading Down 1.2 %

The firm has a 50-day moving average of $110.48 and a 200 day moving average of $110.22. The stock has a market capitalization of $385.09 million, a price-to-earnings ratio of 16.94 and a beta of 0.94.

Hedge Funds Weigh In On WisdomTree U.S. AI Enhanced Value Fund

Institutional investors and hedge funds have recently bought and sold shares of the stock. Raymond James Financial Inc. acquired a new stake in WisdomTree U.S. AI Enhanced Value Fund in the fourth quarter worth approximately $2,344,000. Tower Research Capital LLC TRC lifted its holdings in shares of WisdomTree U.S. AI Enhanced Value Fund by 72.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 7,017 shares of the company’s stock valued at $747,000 after buying an additional 2,938 shares during the period. Jaffetilchin Investment Partners LLC boosted its stake in WisdomTree U.S. AI Enhanced Value Fund by 0.6% during the fourth quarter. Jaffetilchin Investment Partners LLC now owns 88,410 shares of the company’s stock valued at $9,417,000 after buying an additional 506 shares in the last quarter. Novus Advisors LLC acquired a new position in WisdomTree U.S. AI Enhanced Value Fund during the fourth quarter worth about $397,000. Finally, Mezzasalma Advisors LLC bought a new stake in WisdomTree U.S. AI Enhanced Value Fund in the fourth quarter worth about $247,000.

About WisdomTree U.S. AI Enhanced Value Fund

The WisdomTree U.S. Al Enhanced Value Fund (AIVL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that provides exposure to US value stocks from developed markets. AIVL was launched on Jun 16, 2006 and is managed by WisdomTree.