WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) Sets New 1-Year High – Here’s Why

WisdomTree U.S. MidCap Fund (NYSEARCA:EZM)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $76.57 and last traded at $74.8640, with a volume of 2420 shares. The stock had previously closed at $74.79.

WisdomTree U.S. MidCap Fund Stock Performance

The stock’s fifty day simple moving average is $73.73 and its two-hundred day simple moving average is $70.91. The company has a market capitalization of $927.64 million, a price-to-earnings ratio of 12.98 and a beta of 1.00.

Institutional Trading of WisdomTree U.S. MidCap Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in EZM. DAVENPORT & Co LLC boosted its holdings in WisdomTree U.S. MidCap Fund by 9.2% during the fourth quarter. DAVENPORT & Co LLC now owns 619,650 shares of the company’s stock worth $41,393,000 after buying an additional 52,338 shares in the last quarter. Bank of America Corp DE lifted its position in shares of WisdomTree U.S. MidCap Fund by 3.6% during the 2nd quarter. Bank of America Corp DE now owns 533,933 shares of the company’s stock valued at $32,981,000 after acquiring an additional 18,410 shares during the last quarter. CPC Advisors LLC boosted its stake in shares of WisdomTree U.S. MidCap Fund by 2.7% during the 1st quarter. CPC Advisors LLC now owns 262,309 shares of the company’s stock worth $17,632,000 after acquiring an additional 6,843 shares in the last quarter. Align Financial LLC acquired a new position in shares of WisdomTree U.S. MidCap Fund in the 4th quarter worth $13,846,000. Finally, Clearwater Capital Advisors LLC raised its position in shares of WisdomTree U.S. MidCap Fund by 3.9% during the first quarter. Clearwater Capital Advisors LLC now owns 191,663 shares of the company’s stock worth $12,884,000 after purchasing an additional 7,268 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.