WisdomTree Alternative Income Fund (BATS:HYIN) Shares Up 1%

WisdomTree Alternative Income Fund (BATS:HYIN)’s stock price shot up 1% during trading on Friday . The company traded as high as $18.31 and last traded at $18.25. 1,510 shares traded hands during mid-day trading, The stock had previously closed at $18.06.

WisdomTree Alternative Income Fund Stock Up 1.0 %

The company has a market cap of $16.42 million, a P/E ratio of 9.67 and a beta of 0.88. The stock’s 50-day moving average price is $18.34 and its 200 day moving average price is $18.33.

Hedge Funds Weigh In On WisdomTree Alternative Income Fund

An institutional investor recently bought a new position in WisdomTree Alternative Income Fund stock. SFI Advisors LLC acquired a new position in WisdomTree Alternative Income Fund (BATS:HYIN) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,925 shares of the company’s stock, valued at approximately $206,000.

WisdomTree Alternative Income Fund Company Profile

The WisdomTree Alternative Income Fund (HYIN) is an exchange-traded fund that is based on the Gapstow Liquid Alternative Credit index. The fund tracks an equal-weighted index of 35 publicly traded alternative credit vehicles (PACs). The selection of PACs is based on related exposure to alternative credit and trading requirements.