WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) Sets New 12-Month High – Still a Buy?

WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) shares hit a new 52-week high on Monday . The company traded as high as $72.49 and last traded at $72.3040, with a volume of 1661 shares changing hands. The stock had previously closed at $72.13.

WisdomTree U.S. MidCap Fund Trading Down 0.2%

The firm has a market capitalization of $895.00 million, a PE ratio of 12.98 and a beta of 1.03. The business has a 50 day moving average price of $69.11 and a 200-day moving average price of $67.87.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Midwest Trust Co increased its holdings in WisdomTree U.S. MidCap Fund by 4.1% in the third quarter. Midwest Trust Co now owns 4,209 shares of the company’s stock valued at $277,000 after buying an additional 165 shares in the last quarter. Breakwater Capital Group boosted its position in WisdomTree U.S. MidCap Fund by 2.8% during the third quarter. Breakwater Capital Group now owns 94,262 shares of the company’s stock worth $6,213,000 after purchasing an additional 2,610 shares in the last quarter. Jones Financial Companies Lllp boosted its position in WisdomTree U.S. MidCap Fund by 86.5% during the third quarter. Jones Financial Companies Lllp now owns 1,943 shares of the company’s stock worth $128,000 after purchasing an additional 901 shares in the last quarter. Davidson Kahn Capital Management LLC grew its holdings in WisdomTree U.S. MidCap Fund by 12.7% in the third quarter. Davidson Kahn Capital Management LLC now owns 79,978 shares of the company’s stock valued at $5,278,000 after purchasing an additional 9,004 shares during the last quarter. Finally, Sylvest Advisors LLC grew its holdings in WisdomTree U.S. MidCap Fund by 14.7% in the third quarter. Sylvest Advisors LLC now owns 44,173 shares of the company’s stock valued at $2,911,000 after purchasing an additional 5,648 shares during the last quarter.

About WisdomTree U.S. MidCap Fund

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.