WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) Trading Up 0.1% – Here’s Why

WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU)’s share price traded up 0.1% during trading on Wednesday . The company traded as high as $27.45 and last traded at $27.18. 129,893 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 311,786 shares. The stock had previously closed at $27.15.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Trading Up 0.1 %

The company’s 50-day simple moving average is $27.32 and its 200 day simple moving average is $27.49.

Hedge Funds Weigh In On WisdomTree Bloomberg U.S. Dollar Bullish Fund

A number of large investors have recently made changes to their positions in USDU. Bank of Montreal Can boosted its position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 632.2% in the 3rd quarter. Bank of Montreal Can now owns 120,750 shares of the company’s stock worth $3,203,000 after purchasing an additional 104,259 shares in the last quarter. Flow Traders U.S. LLC raised its stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 392.5% in the third quarter. Flow Traders U.S. LLC now owns 38,476 shares of the company’s stock valued at $1,021,000 after buying an additional 30,663 shares during the last quarter. Hilltop Holdings Inc. acquired a new stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund in the third quarter worth about $1,138,000. Jane Street Group LLC grew its stake in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 107.8% during the third quarter. Jane Street Group LLC now owns 653,560 shares of the company’s stock worth $17,339,000 after acquiring an additional 339,082 shares during the last quarter. Finally, Worth Asset Management LLC acquired a new position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund during the fourth quarter valued at about $905,000.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Company Profile

The WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) is an exchange-traded fund that is based on the Bloomberg Dollar Total Return index. The fund is an actively managed ETF that goes long the US dollar against a basket of global currencies from developed as well as emerging markets. USDU was launched on Dec 18, 2013 and is managed by WisdomTree.