WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) Hits New 52-Week High – Here’s Why

WisdomTree U.S. MidCap Fund (NYSEARCA:EZM)’s share price reached a new 52-week high on Tuesday . The company traded as high as $73.44 and last traded at $73.44, with a volume of 1141 shares traded. The stock had previously closed at $72.62.

WisdomTree U.S. MidCap Fund Stock Performance

The business has a 50-day simple moving average of $69.95 and a two-hundred day simple moving average of $68.92. The company has a market capitalization of $900.38 million, a price-to-earnings ratio of 12.98 and a beta of 1.02.

Institutional Trading of WisdomTree U.S. MidCap Fund

A number of hedge funds have recently added to or reduced their stakes in EZM. Align Financial LLC acquired a new stake in WisdomTree U.S. MidCap Fund during the 4th quarter worth approximately $13,846,000. TopTier Wealth Management LLC acquired a new stake in WisdomTree U.S. MidCap Fund during the 4th quarter worth approximately $4,069,000. Northwestern Mutual Wealth Management Co. lifted its position in WisdomTree U.S. MidCap Fund by 576.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 70,055 shares of the company’s stock worth $4,680,000 after acquiring an additional 59,706 shares during the period. CPC Advisors LLC lifted its holdings in shares of WisdomTree U.S. MidCap Fund by 27.8% in the 4th quarter. CPC Advisors LLC now owns 255,466 shares of the company’s stock valued at $17,065,000 after buying an additional 55,633 shares during the period. Finally, Royal Bank of Canada lifted its holdings in shares of WisdomTree U.S. MidCap Fund by 69.4% in the 4th quarter. Royal Bank of Canada now owns 132,019 shares of the company’s stock valued at $8,819,000 after buying an additional 54,086 shares during the period.

WisdomTree U.S. MidCap Fund Company Profile

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.