WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) Trading 0.3% Higher – Still a Buy?

WisdomTree U.S. MidCap Fund (NYSEARCA:EZM)’s share price rose 0.3% during trading on Thursday . The company traded as high as $74.71 and last traded at $73.97. Approximately 30,215 shares traded hands during trading, an increase of 38% from the average daily volume of 21,960 shares. The stock had previously closed at $73.75.

WisdomTree U.S. MidCap Fund Stock Down 0.2%

The firm has a market cap of $915.12 million, a PE ratio of 12.98 and a beta of 1.00. The company has a 50-day simple moving average of $75.91 and a two-hundred day simple moving average of $73.02.

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

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Private Advisor Group LLC lifted its stake in WisdomTree U.S. MidCap Fund by 0.8% in the first quarter. Private Advisor Group LLC now owns 175,021 shares of the company’s stock valued at $11,765,000 after purchasing an additional 1,391 shares during the last quarter. Sylvest Advisors LLC grew its holdings in WisdomTree U.S. MidCap Fund by 16.0% during the first quarter. Sylvest Advisors LLC now owns 56,894 shares of the company’s stock valued at $3,824,000 after purchasing an additional 7,863 shares during the period. CENTRAL TRUST Co increased its position in WisdomTree U.S. MidCap Fund by 23.0% in the first quarter. CENTRAL TRUST Co now owns 43,466 shares of the company’s stock worth $2,922,000 after buying an additional 8,129 shares during the last quarter. Provident Wealth Management LLC increased its position in WisdomTree U.S. MidCap Fund by 1.2% in the first quarter. Provident Wealth Management LLC now owns 99,591 shares of the company’s stock worth $6,694,000 after buying an additional 1,142 shares during the last quarter. Finally, CPC Advisors LLC raised its stake in shares of WisdomTree U.S. MidCap Fund by 2.7% in the first quarter. CPC Advisors LLC now owns 262,309 shares of the company’s stock valued at $17,632,000 after buying an additional 6,843 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.