WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) Stock Passes Above 200 Day Moving Average – Here’s Why

WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $36.00 and traded as high as $38.84. WisdomTree U.S. SmallCap Dividend Fund shares last traded at $38.79, with a volume of 119,744 shares changing hands.

WisdomTree U.S. SmallCap Dividend Fund Trading Down 1.2%

The stock has a market cap of $2.07 billion, a P/E ratio of 13.64 and a beta of 0.92. The company has a 50-day moving average price of $37.77 and a two-hundred day moving average price of $36.08.

Institutional Investors Weigh In On WisdomTree U.S. SmallCap Dividend Fund

Several hedge funds and other institutional investors have recently modified their holdings of DES. Del Sette Capital Management LLC grew its holdings in shares of WisdomTree U.S. SmallCap Dividend Fund by 8.8% in the third quarter. Del Sette Capital Management LLC now owns 178,827 shares of the company’s stock worth $6,023,000 after purchasing an additional 14,437 shares during the last quarter. JPL Wealth Management LLC bought a new position in WisdomTree U.S. SmallCap Dividend Fund in the third quarter worth approximately $60,000. One Wealth Map LLC grew its stake in WisdomTree U.S. SmallCap Dividend Fund by 1.0% in the third quarter. One Wealth Map LLC now owns 173,596 shares of the company’s stock worth $5,739,000 after purchasing an additional 1,758 shares in the last quarter. NewSquare Capital LLC grew its stake in WisdomTree U.S. SmallCap Dividend Fund by 4.6% in the third quarter. NewSquare Capital LLC now owns 18,632 shares of the company’s stock worth $628,000 after purchasing an additional 815 shares in the last quarter. Finally, Fiduciary Group LLC bought a new position in WisdomTree U.S. SmallCap Dividend Fund in the third quarter worth approximately $210,000.

WisdomTree U.S. SmallCap Dividend Fund Company Profile

WisdomTree SmallCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree SmallCap Dividend Index (the Index). The Index is a fundamentally weighted index measuring the performance of the small-capitalization segment of the United States dividend-paying market. The Index consists of companies that compose the bottom 25% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.