Wintrust Financial (NASDAQ:WTFCP) Trading Up 0% – Time to Buy?

Wintrust Financial Co. (NASDAQ:WTFCP) shot up 0% during mid-day trading on Thursday . The stock traded as high as $24.98 and last traded at $24.98. 13,696 shares were traded during trading, a decline of 72% from the average session volume of 48,928 shares. The stock had previously closed at $24.97.

Wintrust Financial Trading Up 0.0%

The company has a 50-day moving average price of $25.21 and a 200-day moving average price of $25.18.

Hedge Funds Weigh In On Wintrust Financial

An institutional investor recently bought a new position in Wintrust Financial stock. Iat Reinsurance Co. LTD. bought a new position in shares of Wintrust Financial Co. (NASDAQ:WTFCP) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 120,000 shares of the company’s stock, valued at approximately $3,046,000. Wintrust Financial makes up approximately 0.6% of Iat Reinsurance Co. LTD.’s investment portfolio, making the stock its 20th largest holding.

Wintrust Financial Company Profile

Wintrust Financial Corporation operates as a financial holding company. It operates in three segments: Community Banking, Specialty Finance, and Wealth Management. The Community Banking segment offers non-interest bearing deposits, non-brokered interest-bearing transaction accounts, and savings and domestic time deposits; home equity, consumer, and real estate loans; safe deposit facilities; and automatic teller machine (ATM), online and mobile banking, and other services.