The WisdomTree Cloud Computing Fund (WCLD) experienced a 2% decline in mid-day trading, with shares falling to $27.64 on increased volume. The ETF, which tracks the BVP Nasdaq Emerging Cloud Index, has a market cap of $228.6 million and is trading below its 50-day and 200-day moving averages. Several hedge funds have adjusted their stakes in WCLD, indicating varying institutional interest.
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WisdomTree Cloud Computing Fund (NASDAQ:WCLD) Shares Down 2% - Here's Why
The WisdomTree Cloud Computing Fund (WCLD) experienced a 2% decline in mid-day trading, with shares falling to $27.64 on increased volume. The ETF, which tracks the BVP Nasdaq Emerging Cloud Index, has a market cap of $228.6 million and is trading below its 50-day and 200-day moving averages. Several hedge funds have adjusted their stakes in WCLD, indicating varying institutional interest.