WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 34.31 ($0.42) and traded as high as GBX 34.98 ($0.43). WisdomTree U.S. SmallCap Dividend Fund shares last traded at GBX 34.78 ($0.42), with a volume of 47,388 shares trading hands.

WisdomTree U.S. SmallCap Dividend Fund Stock Performance

The company has a fifty day simple moving average of GBX 35.55 and a two-hundred day simple moving average of GBX 34.33. The company has a market capitalization of £21.01 million, a price-to-earnings ratio of 9.39 and a beta of 1.08.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of DES. M&T Bank Corp grew its stake in shares of WisdomTree U.S. SmallCap Dividend Fund by 1.6% during the 3rd quarter. M&T Bank Corp now owns 1,207,541 shares of the company’s stock valued at $41,648,000 after buying an additional 18,577 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of WisdomTree U.S. SmallCap Dividend Fund by 2.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 664,236 shares of the company’s stock valued at $20,691,000 after buying an additional 13,406 shares during the period. Huntington National Bank grew its stake in shares of WisdomTree U.S. SmallCap Dividend Fund by 5.2% during the 3rd quarter. Huntington National Bank now owns 544,818 shares of the company’s stock valued at $18,791,000 after buying an additional 26,751 shares during the period. Stifel Financial Corp grew its stake in shares of WisdomTree U.S. SmallCap Dividend Fund by 115.3% during the 3rd quarter. Stifel Financial Corp now owns 476,329 shares of the company’s stock valued at $16,429,000 after buying an additional 255,042 shares during the period. Finally, Raymond James & Associates grew its stake in shares of WisdomTree U.S. SmallCap Dividend Fund by 30.8% during the 3rd quarter. Raymond James & Associates now owns 444,823 shares of the company’s stock valued at $15,342,000 after buying an additional 104,775 shares during the period.

About WisdomTree U.S. SmallCap Dividend Fund

WisdomTree SmallCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree SmallCap Dividend Index (the Index). The Index is a fundamentally weighted index measuring the performance of the small-capitalization segment of the United States dividend-paying market.