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

WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $69.84 and last traded at $69.6910, with a volume of 3253 shares traded. The stock had previously closed at $69.52.

WisdomTree U.S. MidCap Fund Stock Down 0.2%

The firm’s 50 day simple moving average is $66.83 and its 200 day simple moving average is $65.47. The company has a market cap of $842.89 million, a price-to-earnings ratio of 12.98 and a beta of 1.09.

Hedge Funds Weigh In On WisdomTree U.S. MidCap Fund

Large investors have recently made changes to their positions in the business. Quaker Wealth Management LLC increased its position in WisdomTree U.S. MidCap Fund by 200.0% during the second quarter. Quaker Wealth Management LLC now owns 457 shares of the company’s stock worth $28,000 after buying an additional 914 shares during the last quarter. Assetmark Inc. bought a new position in WisdomTree U.S. MidCap Fund during the second quarter valued at about $62,000. Advisory Services Network LLC bought a new position in WisdomTree U.S. MidCap Fund in the third quarter worth $73,000. Jones Financial Companies Lllp raised its stake in shares of WisdomTree U.S. MidCap Fund by 86.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,943 shares of the company’s stock valued at $128,000 after buying an additional 901 shares in the last quarter. Finally, US Bancorp DE lifted its holdings in shares of WisdomTree U.S. MidCap Fund by 56.4% during the 3rd quarter. US Bancorp DE now owns 1,955 shares of the company’s stock worth $129,000 after acquiring an additional 705 shares during the period.

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.