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

by · The Markets Daily

Shares of WisdomTree U.S. MidCap Fund (NYSEARCA:EZM – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $70.59 and last traded at $70.3540, with a volume of 33531 shares. The stock had previously closed at $68.87.

WisdomTree U.S. MidCap Fund Stock Performance

The firm has a market cap of $856.33 million, a price-to-earnings ratio of 12.98 and a beta of 1.09. The business’s 50 day moving average price is $67.48 and its 200-day moving average price is $65.79.

Institutional Investors Weigh In On WisdomTree U.S. MidCap Fund

Several institutional investors and hedge funds have recently made changes to their positions in the company. DAVENPORT & Co LLC boosted its holdings in WisdomTree U.S. MidCap Fund by 11.8% in the second quarter. DAVENPORT & Co LLC now owns 666,452 shares of the company’s stock worth $41,167,000 after purchasing an additional 70,318 shares during the period. Bank of America Corp DE lifted its position in shares of WisdomTree U.S. MidCap Fund by 3.6% in the 2nd quarter. Bank of America Corp DE now owns 533,933 shares of the company’s stock worth $32,981,000 after buying an additional 18,410 shares during the last quarter. Freedom Investment Management Inc. lifted its position in shares of WisdomTree U.S. MidCap Fund by 4.4% in the 2nd quarter. Freedom Investment Management Inc. now owns 325,994 shares of the company’s stock worth $20,137,000 after buying an additional 13,879 shares during the last quarter. Baird Financial Group Inc. boosted its holdings in shares of WisdomTree U.S. MidCap Fund by 6.2% in the 2nd quarter. Baird Financial Group Inc. now owns 310,148 shares of the company’s stock valued at $19,158,000 after buying an additional 18,007 shares during the period. Finally, CPC Advisors LLC boosted its holdings in shares of WisdomTree U.S. MidCap Fund by 2.7% in the 3rd quarter. CPC Advisors LLC now owns 199,833 shares of the company’s stock valued at $13,171,000 after buying an additional 5,226 shares during the period.

WisdomTree U.S. MidCap Fund Company Profile

(Get Free Report)

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.

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