WisdomTree U.S. LargeCap Fund (NYSEARCA:EPS) Reaches New 12-Month High – Still a Buy?

WisdomTree U.S. LargeCap Fund (NYSEARCA:EPS) shares reached a new 52-week high on Tuesday . The company traded as high as $71.47 and last traded at $71.3990, with a volume of 3411 shares trading hands. The stock had previously closed at $71.33.

WisdomTree U.S. LargeCap Fund Stock Up 0.3%

The stock has a fifty day simple moving average of $69.96 and a 200 day simple moving average of $67.39. The firm has a market capitalization of $1.33 billion, a P/E ratio of 21.24 and a beta of 0.97.

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

A number of institutional investors have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of WisdomTree U.S. LargeCap Fund by 730.6% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 94,270 shares of the company’s stock worth $5,588,000 after buying an additional 82,920 shares in the last quarter. Betterment LLC boosted its holdings in shares of WisdomTree U.S. LargeCap Fund by 4.5% during the 1st quarter. Betterment LLC now owns 51,143 shares of the company’s stock valued at $3,032,000 after purchasing an additional 2,220 shares during the last quarter. Royal Bank of Canada grew its position in shares of WisdomTree U.S. LargeCap Fund by 0.7% during the first quarter. Royal Bank of Canada now owns 26,337 shares of the company’s stock valued at $1,561,000 after purchasing an additional 183 shares in the last quarter. Integrated Wealth Concepts LLC increased its holdings in shares of WisdomTree U.S. LargeCap Fund by 167.0% in the first quarter. Integrated Wealth Concepts LLC now owns 20,819 shares of the company’s stock worth $1,234,000 after purchasing an additional 13,022 shares during the last quarter. Finally, Jane Street Group LLC lifted its position in shares of WisdomTree U.S. LargeCap Fund by 267.0% in the first quarter. Jane Street Group LLC now owns 18,644 shares of the company’s stock worth $1,105,000 after buying an additional 13,564 shares in the last quarter.

WisdomTree U.S. LargeCap Fund Company Profile

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. Companies in the Index are incorporated and listed in the United States, and have generated positive cumulative earnings over their most recent four fiscal quarters prior to the Index measurement date.