WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) Trading Down 0.5% – Here’s Why

Shares of WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) traded down 0.5% during trading on Tuesday . The company traded as low as $74.79 and last traded at $74.92. 23,464 shares traded hands during trading, a decline of 4% from the average session volume of 24,512 shares. The stock had previously closed at $75.30.

WisdomTree U.S. MidCap Fund Price Performance

The stock has a market cap of $929.01 million, a PE ratio of 12.98 and a beta of 1.00. The stock has a 50-day simple moving average of $73.50 and a 200-day simple moving average of $70.72.

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

Several institutional investors have recently bought and sold shares of EZM. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in WisdomTree U.S. MidCap Fund during the 4th quarter worth $48,000. Cassaday & Co Wealth Management LLC purchased a new position in WisdomTree U.S. MidCap Fund in the 1st quarter worth approximately $50,000. Advisory Services Network LLC purchased a new stake in shares of WisdomTree U.S. MidCap Fund during the third quarter valued at approximately $73,000. Franklin Resources Inc. acquired a new position in shares of WisdomTree U.S. MidCap Fund during the fourth quarter worth $114,000. Finally, US Bancorp DE grew its holdings in WisdomTree U.S. MidCap Fund by 56.4% during the 3rd quarter. US Bancorp DE now owns 1,955 shares of the company’s stock valued at $129,000 after purchasing an additional 705 shares in the last quarter.

About WisdomTree U.S. MidCap Fund

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. The Index consists of the companies in the top 75% of the market capitalization of the WisdomTree Earnings Index after the 500 largest companies have been removed.