WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) Hits New 52-Week High – Time to Buy?

WisdomTree U.S. MidCap Fund (NYSEARCA:EZMGet Free Report)’s stock price reached 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 trading hands. The stock had previously closed at $74.79.

WisdomTree U.S. MidCap Fund Trading Up 0.5%

The business has a 50-day moving average price of $73.82 and a two-hundred day moving average price of $71.01. The firm has a market capitalization of $933.22 million, a price-to-earnings ratio of 12.98 and a beta of 1.00.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp lifted its stake in WisdomTree U.S. MidCap Fund by 4,519.8% in the first quarter. Jones Financial Companies Lllp now owns 11,873 shares of the company’s stock valued at $708,000 after buying an additional 11,616 shares during the last quarter. Jane Street Group LLC grew its position in shares of WisdomTree U.S. MidCap Fund by 112.6% during the first quarter. Jane Street Group LLC now owns 8,634 shares of the company’s stock worth $515,000 after acquiring an additional 4,572 shares during the last quarter. Flow Traders U.S. LLC bought a new position in shares of WisdomTree U.S. MidCap Fund during the second quarter worth about $404,000. Ameriprise Financial Inc. increased its holdings in shares of WisdomTree U.S. MidCap Fund by 22.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 38,160 shares of the company’s stock worth $2,357,000 after acquiring an additional 6,943 shares during the period. Finally, Bank of America Corp DE increased its holdings in shares of WisdomTree U.S. MidCap Fund by 3.6% in the 2nd quarter. Bank of America Corp DE now owns 533,933 shares of the company’s stock worth $32,981,000 after acquiring an additional 18,410 shares during the period.

WisdomTree U.S. MidCap Fund Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for WisdomTree U.S. MidCap Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree U.S. MidCap Fund and related companies with MarketBeat.com's FREE daily email newsletter.