WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) Hits New 12-Month High – Time to Buy?

Shares of WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $64.00 and last traded at $64.00, with a volume of 308 shares traded. The stock had previously closed at $62.66.

WisdomTree U.S. MidCap Fund Stock Performance

The company has a market cap of $887.83 million, a PE ratio of 9.62 and a beta of 1.18. The stock has a 50 day moving average of $61.80 and a 200-day moving average of $60.01.

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

A number of institutional investors have recently modified their holdings of EZM. Northwest Investment Counselors LLC purchased a new position in shares of WisdomTree U.S. MidCap Fund during the 3rd quarter valued at about $34,000. Better Money Decisions LLC purchased a new position in shares of WisdomTree U.S. MidCap Fund during the 3rd quarter valued at about $201,000. TIAA Trust National Association purchased a new position in shares of WisdomTree U.S. MidCap Fund during the 1st quarter valued at about $207,000. Kaydan Wealth Management Inc. purchased a new position in shares of WisdomTree U.S. MidCap Fund during the 3rd quarter valued at about $215,000. Finally, Envestnet Portfolio Solutions Inc. raised its stake 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 valued at $325,000 after buying 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.