WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) Trading Up 0.7% – Should You Buy?

WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) shares shot up 0.7% during mid-day trading on Monday . The company traded as high as $62.34 and last traded at $62.13. 82,838 shares traded hands during trading, an increase of 151% from the average session volume of 32,963 shares. The stock had previously closed at $61.70.

WisdomTree U.S. MidCap Fund Price Performance

The stock has a market capitalization of $860.93 million, a P/E ratio of 9.62 and a beta of 1.18. The stock’s fifty day moving average price is $64.72 and its 200 day moving average price is $62.08.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Ieq Capital LLC lifted its holdings in shares of WisdomTree U.S. MidCap Fund by 6.2% in the 2nd quarter. Ieq Capital LLC now owns 205,093 shares of the company’s stock worth $11,852,000 after buying an additional 12,000 shares during the period. Private Advisor Group LLC lifted its stake in WisdomTree U.S. MidCap Fund by 6.1% in the third quarter. Private Advisor Group LLC now owns 191,184 shares of the company’s stock worth $11,918,000 after acquiring an additional 10,911 shares during the period. Consolidated Planning Corp grew its holdings in WisdomTree U.S. MidCap Fund by 5.8% during the 3rd quarter. Consolidated Planning Corp now owns 161,617 shares of the company’s stock worth $10,075,000 after acquiring an additional 8,923 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of WisdomTree U.S. MidCap Fund by 46.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 119,779 shares of the company’s stock valued at $7,467,000 after purchasing an additional 38,237 shares in the last quarter. Finally, World Investment Advisors LLC purchased a new stake in shares of WisdomTree U.S. MidCap Fund in the 3rd quarter worth approximately $5,467,000.

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.