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

Shares of WisdomTree U.S. LargeCap Fund (NYSEARCA:EPS) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $72.50 and last traded at $72.46, with a volume of 8982 shares trading hands. The stock had previously closed at $72.08.

WisdomTree U.S. LargeCap Fund Stock Performance

The company has a 50 day moving average of $71.33 and a 200-day moving average of $69.16. The stock has a market cap of $1.40 billion, a price-to-earnings ratio of 21.24 and a beta of 0.97.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in EPS. Royal Bank of Canada increased its stake in WisdomTree U.S. LargeCap Fund by 0.7% during the 1st quarter. Royal Bank of Canada now owns 26,337 shares of the company’s stock worth $1,561,000 after buying an additional 183 shares during the period. Jane Street Group LLC grew its stake 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 acquiring an additional 13,564 shares in the last quarter. Harbour Investments Inc. increased its position in shares of WisdomTree U.S. LargeCap Fund by 13.6% during the second quarter. Harbour Investments Inc. now owns 47,945 shares of the company’s stock worth $3,069,000 after acquiring an additional 5,731 shares during the period. Mutual Advisors LLC purchased a new stake in shares of WisdomTree U.S. LargeCap Fund during the second quarter worth $267,000. Finally, WealthPlan Investment Management LLC acquired a new stake in shares of WisdomTree U.S. LargeCap Fund in the second quarter valued at $1,827,000.

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. 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.