WisdomTree U.S. LargeCap Fund (NYSEARCA:EPS) Sets New 12-Month High – Here’s Why

WisdomTree U.S. LargeCap Fund (NYSEARCA:EPS)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $79.51 and last traded at $79.53, with a volume of 6216 shares trading hands. The stock had previously closed at $78.57.

WisdomTree U.S. LargeCap Fund Price Performance

The company has a market cap of $1.62 billion, a PE ratio of 21.24 and a beta of 0.95. The firm has a 50-day simple moving average of $77.95 and a two-hundred day simple moving average of $74.10.

Institutional Trading of WisdomTree U.S. LargeCap Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Eastern Bank boosted its stake in shares of WisdomTree U.S. LargeCap Fund by 6.3% during the 2nd quarter. Eastern Bank now owns 117,104 shares of the company’s stock worth $9,110,000 after purchasing an additional 6,970 shares during the last quarter. WealthPoint Financial LLC grew its holdings in shares of WisdomTree U.S. LargeCap Fund by 7.8% during the first quarter. WealthPoint Financial LLC now owns 37,406 shares of the company’s stock worth $2,548,000 after buying an additional 2,715 shares in the last quarter. Western Wealth Management LLC acquired a new position in shares of WisdomTree U.S. LargeCap Fund in the first quarter valued at approximately $441,000. Pine Valley Investments Ltd Liability Co raised its position in shares of WisdomTree U.S. LargeCap Fund by 2.4% in the first quarter. Pine Valley Investments Ltd Liability Co now owns 28,628 shares of the company’s stock valued at $1,950,000 after buying an additional 661 shares during the last quarter. Finally, Verus Capital Partners LLC lifted its stake in shares of WisdomTree U.S. LargeCap Fund by 1.9% during the first quarter. Verus Capital Partners LLC now owns 8,812 shares of the company’s stock valued at $600,000 after buying 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.