WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) Stock Price Down 0.5% – Here’s What Happened

WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) dropped 0.5% on Tuesday . The company traded as low as $74.79 and last traded at $74.92. 23,464 shares traded hands during trading, a decline of 4% from the average session volume of 24,512 shares. The stock had previously closed at $75.30.

WisdomTree U.S. MidCap Fund Stock Down 0.5%

The firm has a market cap of $929.01 million, a P/E ratio of 12.98 and a beta of 1.00. The business’s 50 day moving average is $73.50 and its 200-day moving average is $70.72.

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

Large investors have recently added to or reduced their stakes in the company. Jones Financial Companies Lllp raised its holdings in shares of WisdomTree U.S. MidCap Fund by 4,519.8% during the first quarter. Jones Financial Companies Lllp now owns 11,873 shares of the company’s stock worth $708,000 after purchasing an additional 11,616 shares during the period. Jane Street Group LLC raised its position in shares of WisdomTree U.S. MidCap Fund by 112.6% during the 1st quarter. Jane Street Group LLC now owns 8,634 shares of the company’s stock worth $515,000 after purchasing an additional 4,572 shares during the period. Flow Traders U.S. LLC acquired a new position in WisdomTree U.S. MidCap Fund during the 2nd quarter valued at approximately $404,000. Ameriprise Financial Inc. increased its position in WisdomTree U.S. MidCap Fund by 22.2% in the second quarter. Ameriprise Financial Inc. now owns 38,160 shares of the company’s stock worth $2,357,000 after buying an additional 6,943 shares during the period. Finally, Bank of America Corp DE boosted its holdings in shares of WisdomTree U.S. MidCap Fund by 3.6% during the second 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 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.