WisdomTree U.S. SmallCap Fund (NYSEARCA:EES) Reaches New 12-Month High – Should You Buy?

WisdomTree U.S. SmallCap Fund (NYSEARCA:EES) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $58.72 and last traded at $58.28, with a volume of 12640 shares trading hands. The stock had previously closed at $57.08.

WisdomTree U.S. SmallCap Fund Trading Up 2.1%

The company has a 50 day moving average of $55.31 and a 200 day moving average of $53.79. The firm has a market cap of $655.65 million, a price-to-earnings ratio of 12.42 and a beta of 1.09.

Hedge Funds Weigh In On WisdomTree U.S. SmallCap Fund

Several institutional investors and hedge funds have recently modified their holdings of the business. UBS Group AG increased its stake in WisdomTree U.S. SmallCap Fund by 1.5% during the 3rd quarter. UBS Group AG now owns 731,134 shares of the company’s stock worth $40,848,000 after purchasing an additional 11,028 shares in the last quarter. Shore Point Advisors LLC lifted its stake in WisdomTree U.S. SmallCap Fund by 3.7% in the second quarter. Shore Point Advisors LLC now owns 277,857 shares of the company’s stock valued at $14,160,000 after buying an additional 9,847 shares in the last quarter. Key Financial Inc boosted its holdings in shares of WisdomTree U.S. SmallCap Fund by 7.8% in the third quarter. Key Financial Inc now owns 275,444 shares of the company’s stock valued at $15,408,000 after buying an additional 19,934 shares during the period. Laurel Wealth Advisors LLC lifted its stake in WisdomTree U.S. SmallCap Fund by 4,996.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 214,542 shares of the company’s stock valued at $10,933,000 after acquiring an additional 210,332 shares in the last quarter. Finally, Raymond James Financial Inc. increased its stake in WisdomTree U.S. SmallCap Fund by 57.2% in the 3rd quarter. Raymond James Financial Inc. now owns 167,815 shares of the company’s stock valued at $9,376,000 after buying an additional 61,060 shares during the last quarter.

About WisdomTree U.S. SmallCap Fund

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