WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) Sees Unusually-High Trading Volume – Here’s Why

WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) saw strong trading volume on Wednesday . 91,939 shares were traded during trading, an increase of 222% from the previous session’s volume of 28,545 shares.The stock last traded at $60.79 and had previously closed at $60.86.

WisdomTree U.S. MidCap Fund Price Performance

The business’s 50 day moving average price is $62.56 and its 200 day moving average price is $63.10. The stock has a market capitalization of $750.27 million, a P/E ratio of 13.06 and a beta of 1.23.

Hedge Funds Weigh In On WisdomTree U.S. MidCap Fund

Institutional investors and hedge funds have recently modified their holdings of the company. LPL Financial LLC boosted its holdings in shares of WisdomTree U.S. MidCap Fund by 536.6% in the fourth quarter. LPL Financial LLC now owns 804,153 shares of the company’s stock worth $50,268,000 after buying an additional 677,825 shares during the last quarter. DAVENPORT & Co LLC boosted its stake in shares of WisdomTree U.S. MidCap Fund by 6.4% during the 4th quarter. DAVENPORT & Co LLC now owns 549,408 shares of the company’s stock worth $34,344,000 after acquiring an additional 33,220 shares during the last quarter. Baird Financial Group Inc. grew its position in shares of WisdomTree U.S. MidCap Fund by 3.5% during the 4th quarter. Baird Financial Group Inc. now owns 292,225 shares of the company’s stock valued at $18,267,000 after acquiring an additional 9,874 shares during the period. Private Advisor Group LLC increased its stake in shares of WisdomTree U.S. MidCap Fund by 7.8% in the 4th quarter. Private Advisor Group LLC now owns 206,169 shares of the company’s stock worth $12,888,000 after purchasing an additional 14,985 shares in the last quarter. Finally, Strategic Financial Concepts LLC purchased a new position in WisdomTree U.S. MidCap Fund during the fourth quarter valued at $12,125,000.

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.