WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) Hits New 12-Month High – Still a Buy?

Shares of WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) reached a new 52-week high on Monday . The company traded as high as $72.49 and last traded at $72.3040, with a volume of 1661 shares changing hands. The stock had previously closed at $72.13.

WisdomTree U.S. MidCap Fund Trading Up 0.6%

The company’s 50-day simple moving average is $69.07 and its 200 day simple moving average is $67.78. The stock has a market cap of $896.56 million, a P/E ratio of 12.98 and a beta of 1.03.

Institutional Trading of WisdomTree U.S. MidCap Fund

Hedge funds and other institutional investors have recently modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of WisdomTree U.S. MidCap Fund in the fourth quarter valued at approximately $48,000. Advisory Services Network LLC bought a new position in shares of WisdomTree U.S. MidCap Fund in the third quarter worth $73,000. Franklin Resources Inc. bought a new position in shares of WisdomTree U.S. MidCap Fund in the fourth quarter worth $114,000. Jones Financial Companies Lllp boosted its holdings in shares of WisdomTree U.S. MidCap Fund by 86.5% in the third quarter. Jones Financial Companies Lllp now owns 1,943 shares of the company’s stock worth $128,000 after acquiring an additional 901 shares during the period. Finally, US Bancorp DE boosted its holdings in shares of WisdomTree U.S. MidCap Fund by 56.4% in the third quarter. US Bancorp DE now owns 1,955 shares of the company’s stock worth $129,000 after acquiring an additional 705 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.