WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) Sees Unusually-High Trading Volume – Still a Buy?

WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) shares saw an uptick in trading volume on Tuesday . 25,166 shares traded hands during trading, an increase of 5% from the previous session’s volume of 24,041 shares.The stock last traded at $64.15 and had previously closed at $64.69.

WisdomTree U.S. MidCap Fund Stock Up 0.9 %

The stock has a market capitalization of $863.88 million, a P/E ratio of 9.62 and a beta of 1.18. The business’s 50 day simple moving average is $64.53 and its two-hundred day simple moving average is $62.64.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of EZM. Northwestern Mutual Wealth Management Co. increased its stake in WisdomTree U.S. MidCap Fund by 7.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,401 shares of the company’s stock valued at $601,000 after buying an additional 709 shares during the last quarter. Kaydan Wealth Management Inc. purchased a new stake in shares of WisdomTree U.S. MidCap Fund during the third quarter valued at approximately $215,000. Culbertson A N & Co. Inc. lifted its holdings in WisdomTree U.S. MidCap Fund by 0.6% during the third quarter. Culbertson A N & Co. Inc. now owns 46,437 shares of the company’s stock worth $2,895,000 after acquiring an additional 257 shares during the period. Northwest Investment Counselors LLC purchased a new position in WisdomTree U.S. MidCap Fund in the third quarter worth $34,000. Finally, Private Advisor Group LLC boosted its position 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 purchasing an additional 10,911 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.