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

WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) hit a new 52-week high during trading on Monday . The stock traded as high as $75.50 and last traded at $75.30, with a volume of 12390 shares changing hands. The stock had previously closed at $75.30.

WisdomTree U.S. MidCap Fund Stock Performance

The firm has a market cap of $926.36 million, a P/E ratio of 12.98 and a beta of 1.00. The company has a 50 day moving average of $71.92 and a 200 day moving average of $69.81.

Institutional Investors Weigh In On WisdomTree U.S. MidCap Fund

Large investors have recently made changes to their positions in the company. Jones Financial Companies Lllp lifted its holdings in WisdomTree U.S. MidCap Fund by 4,519.8% in the 1st quarter. Jones Financial Companies Lllp now owns 11,873 shares of the company’s stock worth $708,000 after purchasing an additional 11,616 shares during the last quarter. Jane Street Group LLC lifted its holdings in WisdomTree U.S. MidCap Fund by 112.6% in the 1st quarter. Jane Street Group LLC now owns 8,634 shares of the company’s stock worth $515,000 after purchasing an additional 4,572 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in WisdomTree U.S. MidCap Fund in the 2nd quarter worth approximately $404,000. Ameriprise Financial Inc. lifted its holdings in WisdomTree U.S. MidCap Fund by 22.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 38,160 shares of the company’s stock worth $2,357,000 after purchasing an additional 6,943 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in WisdomTree U.S. MidCap Fund by 3.6% in the 2nd quarter. Bank of America Corp DE now owns 533,933 shares of the company’s stock worth $32,981,000 after purchasing an additional 18,410 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.