WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) Sets New 1-Year High – Here’s Why

WisdomTree U.S. MidCap Fund (NYSEARCA:EZM)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $63.25 and last traded at $63.25, with a volume of 2375 shares. The stock had previously closed at $62.96.

WisdomTree U.S. MidCap Fund Stock Performance

The firm has a fifty day moving average price of $60.79 and a 200 day moving average price of $59.48. The company has a market cap of $856.44 million, a price-to-earnings ratio of 9.62 and a beta of 1.18.

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

Several hedge funds have recently bought and sold shares of the company. Northwest Investment Counselors LLC bought a new position in WisdomTree U.S. MidCap Fund during the first quarter worth $33,000. TIAA Trust National Association acquired a new stake in shares of WisdomTree U.S. MidCap Fund during the 1st quarter worth about $207,000. Kaydan Wealth Management Inc. bought a new stake in shares of WisdomTree U.S. MidCap Fund during the 1st quarter worth about $211,000. Chicago Partners Investment Group LLC acquired a new position in WisdomTree U.S. MidCap Fund in the 4th quarter valued at about $223,000. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in WisdomTree U.S. MidCap Fund by 10.9% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 5,625 shares of the company’s stock valued at $325,000 after acquiring an additional 555 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.