WTRE Stock Summary and Trading Ideas (WisdomTree New Economy Real Estate | ARCA:WTRE)

The WisdomTree New Economy Real Estate Fund seeks to track the price and yield performance, before fees and expenses, of the CenterSquare New Economy Real Estate Index. The Fund's objective and strategies changed effective April 20, 2022. Prior to April 20, 2022, fund name was WisdomTree Global ex-U.S. Real Estate Fund (DRW) and tracked the performance, before fees and expenses, of the WisdomTree Global ex-U.S. Real Estate Index.

WisdomTree New Economy Real Estate trades on the ARCA stock market under the symbol WTRE.

As of May 10, 2024, WTRE stock price declined to $17.37 with 5,912 million shares trading.

WTRE has a market cap of $19.11 million. This is considered a Sub-Micro Cap stock.

WTRE has underperformed the market in the last year with a return of +3.5%, while the SPY ETF gained +27.8%. In the last 3 month period, WTRE fell short of the market, returning +0.2%, while SPY returned +4.2%. However, in the most recent 2 weeks WTRE has outperformed the stock market by returning +3.7%, while SPY returned +2.5%.

WTRE support price is $17.27 and resistance is $17.66 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WTRE stock will trade within this expected range on the day.