WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) Reaches New 52-Week High – Still a Buy?

WisdomTree U.S. MidCap Fund (NYSEARCA:EZMGet Free Report)’s stock price reached a new 52-week high on Monday . The company traded as high as $76.61 and last traded at $76.6220, with a volume of 2626 shares changing hands. The stock had previously closed at $75.84.

WisdomTree U.S. MidCap Fund Price Performance

The company has a market cap of $946.50 million, a P/E ratio of 12.98 and a beta of 1.00. The stock has a 50-day moving average of $74.72 and a 200 day moving average of $71.64.

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

Hedge funds and other institutional investors have recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of WisdomTree U.S. MidCap Fund during the 4th quarter worth approximately $48,000. Cassaday & Co Wealth Management LLC bought a new position in WisdomTree U.S. MidCap Fund in the first quarter valued at approximately $50,000. Advisory Services Network LLC bought a new position in WisdomTree U.S. MidCap Fund in the third quarter valued at approximately $73,000. Franklin Resources Inc. bought a new position in WisdomTree U.S. MidCap Fund in the fourth quarter valued at approximately $114,000. Finally, US Bancorp DE raised its stake in WisdomTree U.S. MidCap Fund by 56.4% during the third quarter. US Bancorp DE now owns 1,955 shares of the company’s stock worth $129,000 after acquiring an additional 705 shares in the last quarter.

WisdomTree U.S. MidCap Fund Company Profile

(Get Free Report)

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.

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