WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) Hits New 1-Year High – Time to Buy?

WisdomTree U.S. MidCap Fund (NYSEARCA:EZM)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $67.88 and last traded at $68.2040, with a volume of 10361 shares traded. The stock had previously closed at $66.93.

WisdomTree U.S. MidCap Fund Trading Up 1.9%

The firm has a market capitalization of $825.22 million, a P/E ratio of 12.98 and a beta of 1.09. The firm has a 50-day moving average of $65.51 and a two-hundred day moving average of $64.21.

Institutional Investors Weigh In On WisdomTree U.S. MidCap Fund

A number of hedge funds have recently made changes to their positions in EZM. Janney Montgomery Scott LLC lifted its stake in shares of WisdomTree U.S. MidCap Fund by 10.1% in the 2nd quarter. Janney Montgomery Scott LLC now owns 70,526 shares of the company’s stock valued at $4,356,000 after acquiring an additional 6,475 shares during the last quarter. DAVENPORT & Co LLC increased its holdings in WisdomTree U.S. MidCap Fund by 11.8% in the 2nd quarter. DAVENPORT & Co LLC now owns 666,452 shares of the company’s stock worth $41,167,000 after purchasing an additional 70,318 shares in the last quarter. Consolidated Planning Corp raised its position in WisdomTree U.S. MidCap Fund by 6.3% in the second quarter. Consolidated Planning Corp now owns 194,607 shares of the company’s stock valued at $12,021,000 after purchasing an additional 11,485 shares during the last quarter. Provident Wealth Management LLC boosted its stake in shares of WisdomTree U.S. MidCap Fund by 1.2% during the second quarter. Provident Wealth Management LLC now owns 92,592 shares of the company’s stock valued at $5,719,000 after purchasing an additional 1,135 shares in the last quarter. Finally, Sylvest Advisors LLC boosted its stake in shares of WisdomTree U.S. MidCap Fund by 8.7% during the second quarter. Sylvest Advisors LLC now owns 38,525 shares of the company’s stock valued at $2,380,000 after purchasing an additional 3,081 shares in the last quarter.

WisdomTree U.S. MidCap Fund Company Profile

WisdomTree MidCap Earnings Fund (the Fund) seeks investment results that correspond to the price and yield performance of the WisdomTree MidCap Earnings Index (the Index). The Index is a fundamentally weighted index that measures the performance of earnings-generating companies within the mid-capitalization segment of the United States stock market.