WisdomTree U.S. AI Enhanced Value Fund (NYSEARCA:AIVL) Shares Down 0.4% – Here’s What Happened

WisdomTree U.S. AI Enhanced Value Fund (NYSEARCA:AIVL) shares dropped 0.4% on Friday . The stock traded as low as $111.07 and last traded at $111.24. Approximately 1,872 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 4,637 shares. The stock had previously closed at $111.64.

WisdomTree U.S. AI Enhanced Value Fund Price Performance

The company has a 50-day moving average of $110.47 and a two-hundred day moving average of $105.45. The stock has a market capitalization of $420.50 million, a PE ratio of 18.98 and a beta of 0.72.

Institutional Investors Weigh In On WisdomTree U.S. AI Enhanced Value Fund

A number of institutional investors have recently added to or reduced their stakes in AIVL. Jaffetilchin Investment Partners LLC lifted its stake in shares of WisdomTree U.S. AI Enhanced Value Fund by 0.5% in the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 87,904 shares of the company’s stock valued at $9,784,000 after purchasing an additional 460 shares in the last quarter. Brighton Jones LLC purchased a new stake in WisdomTree U.S. AI Enhanced Value Fund during the third quarter worth approximately $205,000. Bristlecone Advisors LLC acquired a new stake in shares of WisdomTree U.S. AI Enhanced Value Fund in the third quarter worth $59,000. Well Done LLC raised its stake in shares of WisdomTree U.S. AI Enhanced Value Fund by 0.7% in the 3rd quarter. Well Done LLC now owns 14,474 shares of the company’s stock valued at $1,611,000 after acquiring an additional 101 shares during the period. Finally, Wesbanco Bank Inc. acquired a new position in shares of WisdomTree U.S. AI Enhanced Value Fund during the 3rd quarter valued at $219,000.

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.