WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) Sets New 1-Year High – What’s Next?

WisdomTree U.S. MidCap Fund (NYSEARCA:EZM)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $69.06 and last traded at $69.0350, with a volume of 19220 shares. The stock had previously closed at $68.23.

WisdomTree U.S. MidCap Fund Trading Up 1.0%

The stock’s 50-day moving average price is $66.42 and its 200-day moving average price is $65.19. The company has a market capitalization of $837.62 million, a P/E ratio of 12.98 and a beta of 1.09.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Quaker Wealth Management LLC grew its holdings in shares of WisdomTree U.S. MidCap Fund by 200.0% during the second quarter. Quaker Wealth Management LLC now owns 457 shares of the company’s stock valued at $28,000 after purchasing an additional 914 shares during the last quarter. Assetmark Inc. acquired a new position in WisdomTree U.S. MidCap Fund during the 2nd quarter valued at approximately $62,000. Advisory Services Network LLC bought a new position in WisdomTree U.S. MidCap Fund during the 3rd quarter worth $73,000. Jones Financial Companies Lllp increased its position in WisdomTree U.S. MidCap Fund by 86.5% in the third quarter. Jones Financial Companies Lllp now owns 1,943 shares of the company’s stock worth $128,000 after buying an additional 901 shares during the period. Finally, US Bancorp DE increased its position in WisdomTree U.S. MidCap Fund by 56.4% in the third quarter. US Bancorp DE now owns 1,955 shares of the company’s stock worth $129,000 after buying an additional 705 shares during the period.

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. 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.