WisdomTree U.S. SmallCap Fund (NYSEARCA:EES) Sees Large Volume Increase – Still a Buy?

Shares of WisdomTree U.S. SmallCap Fund (NYSEARCA:EES) saw strong trading volume on Friday . 22,018 shares traded hands during trading, an increase of 15% from the previous session’s volume of 19,144 shares.The stock last traded at $60.45 and had previously closed at $60.36.

WisdomTree U.S. SmallCap Fund Stock Down 1.1%

The stock has a market cap of $663.99 million, a P/E ratio of 12.42 and a beta of 1.09. The company has a 50-day simple moving average of $57.40 and a two-hundred day simple moving average of $55.55.

Institutional Trading of WisdomTree U.S. SmallCap Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. UBS Group AG increased its position 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 valued at $40,848,000 after buying an additional 11,028 shares in the last quarter. Key Financial Inc grew its stake 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 worth $15,408,000 after acquiring an additional 19,934 shares during the period. Laurel Wealth Advisors LLC lifted its position in WisdomTree U.S. SmallCap Fund by 4,996.0% during the second quarter. Laurel Wealth Advisors LLC now owns 214,542 shares of the company’s stock valued at $10,933,000 after purchasing an additional 210,332 shares during the period. Raymond James Financial Inc. grew its position 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 worth $9,376,000 after purchasing an additional 61,060 shares during the period. Finally, Amplius Wealth Advisors LLC bought a new stake in shares of WisdomTree U.S. SmallCap Fund in the second quarter worth $7,366,000.

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. The Index consists of the companies in the bottom 25% of the market capitalization of the WisdomTree Earnings Index after the 500 largest companies have been removed.