WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) Hits New 12-Month High – Time to Buy?

WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $64.00 and last traded at $64.00, with a volume of 308 shares changing hands. The stock had previously closed at $62.66.

WisdomTree U.S. MidCap Fund Stock Performance

The firm has a fifty day moving average price of $61.80 and a 200 day moving average price of $60.01. The stock has a market cap of $887.83 million, a PE ratio of 9.62 and a beta of 1.18.

Institutional Trading of WisdomTree U.S. MidCap Fund

Several hedge funds and other institutional investors have recently made changes to their positions in EZM. Janney Montgomery Scott LLC lifted its holdings in shares of WisdomTree U.S. MidCap Fund by 15.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 47,225 shares of the company’s stock valued at $2,882,000 after purchasing an additional 6,493 shares during the last quarter. Clearwater Capital Advisors LLC raised its stake in WisdomTree U.S. MidCap Fund by 0.5% in the 1st quarter. Clearwater Capital Advisors LLC now owns 154,295 shares of the company’s stock worth $9,415,000 after acquiring an additional 821 shares during the last quarter. TIAA Trust National Association purchased a new position in WisdomTree U.S. MidCap Fund in the 1st quarter worth $207,000. Waverly Advisors LLC purchased a new position in WisdomTree U.S. MidCap Fund in the 1st quarter worth $1,000,000. Finally, Cetera Investment Advisers raised its stake in WisdomTree U.S. MidCap Fund by 324.3% in the 1st quarter. Cetera Investment Advisers now owns 190,442 shares of the company’s stock worth $11,621,000 after acquiring an additional 145,557 shares during the last quarter.

WisdomTree U.S. MidCap Fund Company Profile

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.