WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) Share Price Crosses Below Two Hundred Day Moving Average – What’s Next?

WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES)’s stock price passed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $38.58 and traded as low as $38.41. WisdomTree U.S. SmallCap Dividend Fund shares last traded at $38.55, with a volume of 85,423 shares traded.

WisdomTree U.S. SmallCap Dividend Fund Stock Performance

The company has a market cap of $2.07 billion, a PE ratio of 13.64 and a beta of 0.91. The firm has a fifty day simple moving average of $39.00 and a 200 day simple moving average of $38.58.

Institutional Investors Weigh In On WisdomTree U.S. SmallCap Dividend Fund

Hedge funds have recently modified their holdings of the stock. Bank of America Corp DE grew its holdings in WisdomTree U.S. SmallCap Dividend Fund by 0.7% in the first quarter. Bank of America Corp DE now owns 2,457,823 shares of the company’s stock valued at $88,334,000 after purchasing an additional 17,417 shares during the period. Keybank National Association OH purchased a new position in WisdomTree U.S. SmallCap Dividend Fund during the third quarter worth approximately $27,641,000. Valmark Advisers Inc. raised its stake in WisdomTree U.S. SmallCap Dividend Fund by 4.7% during the first quarter. Valmark Advisers Inc. now owns 348,798 shares of the company’s stock worth $12,536,000 after purchasing an additional 15,657 shares during the period. Cetera Investment Advisers boosted its holdings in shares of WisdomTree U.S. SmallCap Dividend Fund by 0.4% in the 1st quarter. Cetera Investment Advisers now owns 320,538 shares of the company’s stock valued at $11,520,000 after purchasing an additional 1,290 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of WisdomTree U.S. SmallCap Dividend Fund by 4.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 249,762 shares of the company’s stock valued at $10,160,000 after purchasing an additional 10,559 shares during the last quarter.

About WisdomTree U.S. SmallCap Dividend Fund

WisdomTree SmallCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree SmallCap Dividend Index (the Index). The Index is a fundamentally weighted index measuring the performance of the small-capitalization segment of the United States dividend-paying market. The Index consists of companies that compose the bottom 25% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.