WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) Hits New 52-Week High – Here’s What Happened

WisdomTree U.S. MidCap Fund (NYSEARCA:EZM)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $75.50 and last traded at $75.30, with a volume of 12390 shares changing hands. The stock had previously closed at $75.30.

WisdomTree U.S. MidCap Fund Stock Performance

The company’s 50 day moving average price is $72.22 and its 200 day moving average price is $69.93. The company has a market cap of $919.73 million, a price-to-earnings ratio of 12.98 and a beta of 1.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. DAVENPORT & Co LLC lifted its position in WisdomTree U.S. MidCap Fund by 9.2% during the 4th 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 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 worth $32,981,000 after buying an additional 18,410 shares in the last quarter. CPC Advisors LLC lifted its position in 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 buying an additional 6,843 shares in the last quarter. Align Financial LLC acquired a new position in WisdomTree U.S. MidCap Fund during the 4th quarter worth about $13,846,000. Finally, Clearwater Capital Advisors LLC lifted its position in WisdomTree U.S. MidCap Fund by 3.9% during the 1st quarter. Clearwater Capital Advisors LLC now owns 191,663 shares of the company’s stock worth $12,884,000 after buying an additional 7,268 shares in the last quarter.

WisdomTree U.S. MidCap Fund Company Profile

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.