WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) Reaches New 52-Week High – Should You Buy?

WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $67.07 and last traded at $67.04, with a volume of 12009 shares. The stock had previously closed at $65.92.

WisdomTree U.S. MidCap Fund Stock Performance

The company has a market cap of $901.54 million, a P/E ratio of 9.62 and a beta of 1.18. The firm has a 50 day moving average price of $63.02 and a 200-day moving average price of $60.52.

Institutional Trading of WisdomTree U.S. MidCap Fund

Large investors have recently made changes to their positions in the stock. Waverly Advisors LLC acquired a new position in shares of WisdomTree U.S. MidCap Fund during the 1st quarter worth about $1,000,000. Cetera Investment Advisers lifted its position in shares of WisdomTree U.S. MidCap Fund by 324.3% during the 1st quarter. Cetera Investment Advisers now owns 190,442 shares of the company’s stock worth $11,621,000 after purchasing an additional 145,557 shares during the last quarter. Cetera Advisors LLC lifted its position in shares of WisdomTree U.S. MidCap Fund by 34.3% during the 1st quarter. Cetera Advisors LLC now owns 167,394 shares of the company’s stock worth $10,214,000 after purchasing an additional 42,755 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of WisdomTree U.S. MidCap Fund by 3.0% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,340 shares of the company’s stock worth $424,000 after purchasing an additional 217 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its position in shares of WisdomTree U.S. MidCap Fund by 10.9% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 5,625 shares of the company’s stock worth $325,000 after purchasing an additional 555 shares during the last quarter.

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.