WisdomTree U.S. LargeCap Fund (NYSEARCA:EPS) Sets New 52-Week High – Still a Buy?

WisdomTree U.S. LargeCap Fund (NYSEARCA:EPS)’s share price reached a new 52-week high on Thursday . The stock traded as high as $63.96 and last traded at $63.82, with a volume of 37338 shares changing hands. The stock had previously closed at $63.53.

WisdomTree U.S. LargeCap Fund Stock Performance

The stock has a market capitalization of $992.40 million, a price-to-earnings ratio of 19.08 and a beta of 0.94. The company has a 50-day moving average of $62.62 and a 200-day moving average of $60.36.

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

Several hedge funds and other institutional investors have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its stake in shares of WisdomTree U.S. LargeCap Fund by 37.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,023 shares of the company’s stock valued at $400,000 after purchasing an additional 1,927 shares during the period. Prio Wealth Limited Partnership bought a new stake in WisdomTree U.S. LargeCap Fund in the 2nd quarter valued at about $205,000. Park Avenue Securities LLC bought a new position in WisdomTree U.S. LargeCap Fund in the 3rd quarter worth approximately $247,000. NBC Securities Inc. grew its stake in shares of WisdomTree U.S. LargeCap Fund by 30.1% in the third quarter. NBC Securities Inc. now owns 3,007 shares of the company’s stock worth $180,000 after purchasing an additional 695 shares in the last quarter. Finally, Global Retirement Partners LLC raised its stake in shares of WisdomTree U.S. LargeCap Fund by 73.5% during the third quarter. Global Retirement Partners LLC now owns 19,346 shares of the company’s stock valued at $1,162,000 after purchasing an additional 8,196 shares in the last quarter.

About WisdomTree U.S. LargeCap Fund

WisdomTree Earnings 500 Fund (the Fund) seeks investment results that correspond to the price and yield performance of the WisdomTree Earnings 500 Index (the Index). The Index is a fundamentally weighted index that measures the performance of earnings-generating companies within the large-capitalization segment of the United States stock market.