WisdomTree U.S. LargeCap Fund (NYSEARCA:EPS) Reaches New 1-Year High – Should You Buy?

Shares of WisdomTree U.S. LargeCap Fund (NYSEARCA:EPS) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $81.79 and last traded at $81.8650, with a volume of 7197 shares. The stock had previously closed at $81.22.

WisdomTree U.S. LargeCap Fund Trading Up 0.6%

The stock has a market capitalization of $1.66 billion, a PE ratio of 21.24 and a beta of 0.95. The business has a fifty day moving average price of $78.30 and a 200-day moving average price of $74.64.

Institutional Trading of WisdomTree U.S. LargeCap Fund

Several hedge funds and other institutional investors have recently bought and sold shares of EPS. Eastern Bank raised its stake in shares of WisdomTree U.S. LargeCap Fund by 6.3% during the second quarter. Eastern Bank now owns 117,104 shares of the company’s stock worth $9,110,000 after acquiring an additional 6,970 shares in the last quarter. WealthPoint Financial LLC boosted its stake in shares of WisdomTree U.S. LargeCap Fund by 7.8% in the 1st quarter. WealthPoint Financial LLC now owns 37,406 shares of the company’s stock valued at $2,548,000 after purchasing an additional 2,715 shares in the last quarter. Western Wealth Management LLC bought a new position in shares of WisdomTree U.S. LargeCap Fund during the 1st quarter valued at $441,000. Pine Valley Investments Ltd Liability Co grew its holdings in shares of WisdomTree U.S. LargeCap Fund by 2.4% during the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 28,628 shares of the company’s stock valued at $1,950,000 after purchasing an additional 661 shares during the last quarter. Finally, Verus Capital Partners LLC raised its position in WisdomTree U.S. LargeCap Fund by 1.9% in the 1st quarter. Verus Capital Partners LLC now owns 8,812 shares of the company’s stock worth $600,000 after purchasing an additional 161 shares during the period.

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.