WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) Hits New 52-Week High – Here’s What Happened

WisdomTree U.S. MidCap Fund (NYSEARCA:EZM)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $70.59 and last traded at $70.3540, with a volume of 33531 shares trading hands. The stock had previously closed at $68.87.

WisdomTree U.S. MidCap Fund Stock Performance

The business’s 50 day simple moving average is $67.48 and its 200-day simple moving average is $65.79. The company has a market cap of $856.33 million, a price-to-earnings ratio of 12.98 and a beta of 1.09.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Midwest Trust Co raised its stake in shares of WisdomTree U.S. MidCap Fund by 4.1% during the 3rd quarter. Midwest Trust Co now owns 4,209 shares of the company’s stock worth $277,000 after purchasing an additional 165 shares in the last quarter. World Investment Advisors grew its stake in shares of WisdomTree U.S. MidCap Fund by 1.2% in the 3rd quarter. World Investment Advisors now owns 14,548 shares of the company’s stock valued at $959,000 after buying an additional 171 shares in the last quarter. Vicus Capital increased its holdings in WisdomTree U.S. MidCap Fund by 8.4% in the third quarter. Vicus Capital now owns 4,971 shares of the company’s stock worth $328,000 after buying an additional 385 shares during the last quarter. US Bancorp DE raised its position 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 valued at $129,000 after acquiring an additional 705 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in WisdomTree U.S. MidCap Fund by 7.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 10,349 shares of the company’s stock valued at $682,000 after acquiring an additional 729 shares during the last quarter.

About WisdomTree U.S. MidCap Fund

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.