WisdomTree U.S. SmallCap Fund (NYSEARCA:EES) Sets New 12-Month High – Time to Buy?

WisdomTree U.S. SmallCap Fund (NYSEARCA:EES) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $61.47 and last traded at $61.2750, with a volume of 4730 shares changing hands. The stock had previously closed at $60.95.

WisdomTree U.S. SmallCap Fund Trading Up 0.3%

The company’s 50 day moving average is $58.62 and its 200 day moving average is $56.20. The stock has a market capitalization of $687.77 million, a price-to-earnings ratio of 12.42 and a beta of 1.09.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EES. KMG Fiduciary Partners LLC lifted its stake in WisdomTree U.S. SmallCap Fund by 2.2% in the third quarter. KMG Fiduciary Partners LLC now owns 10,563 shares of the company’s stock worth $590,000 after purchasing an additional 229 shares during the last quarter. Claro Advisors LLC raised its stake in shares of WisdomTree U.S. SmallCap Fund by 3.1% during the second quarter. Claro Advisors LLC now owns 8,199 shares of the company’s stock worth $418,000 after purchasing an additional 248 shares during the last quarter. Flagship Harbor Advisors LLC raised its holdings in shares of WisdomTree U.S. SmallCap Fund by 1.8% in the 2nd quarter. Flagship Harbor Advisors LLC now owns 14,957 shares of the company’s stock worth $762,000 after purchasing an additional 261 shares during the period. AE Wealth Management LLC increased its stake in shares of WisdomTree U.S. SmallCap Fund by 13.0% during the third quarter. AE Wealth Management LLC now owns 2,610 shares of the company’s stock valued at $146,000 after acquiring an additional 301 shares during the period. Finally, Savvy Advisors Inc. raised its holdings in shares of WisdomTree U.S. SmallCap Fund by 5.1% during the fourth quarter. Savvy Advisors Inc. now owns 6,212 shares of the company’s stock valued at $354,000 after acquiring an additional 302 shares during the period.

WisdomTree U.S. SmallCap Fund Company Profile

WisdomTree SmallCap Earnings Fund (the Fund) seeks investment results that correspond to the price and yield performance of the WisdomTree SmallCap Earnings Index (the Index). The Index is a fundamentally weighted index that measures the performance of earnings-generating companies within the small-capitalization segment of the United States stock market. The Index consists of the companies in the bottom 25% of the market capitalization of the WisdomTree Earnings Index after the 500 largest companies have been removed.