WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) Stock Price Up 0.3% – Time to Buy?

WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) was up 0.3% during trading on Wednesday . The stock traded as high as $27.61 and last traded at $27.47. Approximately 166,613 shares were traded during mid-day trading, a decline of 75% from the average daily volume of 665,713 shares. The stock had previously closed at $27.40.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Price Performance

The stock’s 50-day moving average price is $27.81 and its 200 day moving average price is $27.37.

Institutional Trading of WisdomTree Bloomberg U.S. Dollar Bullish Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in USDU. 3EDGE Asset Management LP purchased a new stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund in the fourth quarter valued at $46,500,000. Flagship Harbor Advisors LLC acquired a new stake in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund in the 3rd quarter worth $42,905,000. Jane Street Group LLC increased 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 period. GenWealth Group Inc. boosted its holdings in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 3.4% in the 4th quarter. GenWealth Group Inc. now owns 559,129 shares of the company’s stock valued at $15,466,000 after purchasing an additional 18,502 shares in the last quarter. Finally, Osborne Partners Capital Management LLC boosted its position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 0.9% during the 4th quarter. Osborne Partners Capital Management LLC now owns 462,025 shares of the company’s stock worth $12,780,000 after purchasing an additional 3,956 shares in the last quarter.

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.