WisdomTree U.S. LargeCap Fund (NYSEARCA:EPS) Sets New 52-Week High – Still a Buy?

WisdomTree U.S. LargeCap Fund (NYSEARCA:EPS)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $61.39 and last traded at $61.15, with a volume of 5732 shares trading hands. The stock had previously closed at $61.04.

WisdomTree U.S. LargeCap Fund Stock Up 0.2 %

The company has a 50-day moving average of $58.98 and a 200 day moving average of $56.94. The firm has a market capitalization of $951.35 million, a PE ratio of 19.08 and a beta of 0.94.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Private Wealth Strategies L.L.C. raised its position in WisdomTree U.S. LargeCap Fund by 1.3% during the second quarter. Private Wealth Strategies L.L.C. now owns 1,270,305 shares of the company’s stock valued at $72,255,000 after purchasing an additional 16,893 shares in the last quarter. Private Advisor Group LLC lifted its position in WisdomTree U.S. LargeCap Fund by 5.4% in the 2nd quarter. Private Advisor Group LLC now owns 1,034,205 shares of the company’s stock worth $58,826,000 after buying an additional 52,690 shares during the last quarter. LPL Financial LLC boosted its stake in WisdomTree U.S. LargeCap Fund by 6.0% in the second quarter. LPL Financial LLC now owns 1,025,913 shares of the company’s stock worth $58,354,000 after buying an additional 57,644 shares in the last quarter. Garrett Wealth Advisory Group LLC grew its position in WisdomTree U.S. LargeCap Fund by 3.2% during the second quarter. Garrett Wealth Advisory Group LLC now owns 664,438 shares of the company’s stock valued at $37,793,000 after acquiring an additional 20,377 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of WisdomTree U.S. LargeCap Fund by 469.4% during the first quarter. Cetera Investment Advisers now owns 424,531 shares of the company’s stock worth $23,519,000 after acquiring an additional 349,969 shares in the last quarter.

About WisdomTree U.S. LargeCap Fund

WisdomTree Earnings 500 Fund (the Fund) seeks investment results that correspond to the price and yield performance of the WisdomTree Earnings 500 Index (the Index). The Index is a fundamentally weighted index that measures the performance of earnings-generating companies within the large-capitalization segment of the United States stock market.