WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) Stock Price Up 0.6% – Time to Buy?

WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) shares rose 0.6% on Thursday. The stock traded as high as $72.54 and last traded at $72.53. 16,024 shares changed hands during trading, a decline of 26% from the average session volume of 21,640 shares. The stock had previously closed at $72.07.

WisdomTree U.S. MidCap Fund Stock Up 0.6%

The stock has a market capitalization of $903.00 million, a P/E ratio of 12.98 and a beta of 1.01. The business’s 50 day simple moving average is $75.14 and its two-hundred day simple moving average is $73.54.

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

A number of hedge funds have recently added to or reduced their stakes in the stock. IFP Advisors Inc purchased a new stake in shares of WisdomTree U.S. MidCap Fund in the second quarter worth approximately $26,000. Continuum Advisory LLC bought a new stake in WisdomTree U.S. MidCap Fund during the second quarter worth $34,000. Cassaday & Co Wealth Management LLC bought a new stake in WisdomTree U.S. MidCap Fund during the first quarter worth $50,000. Integrated Wealth Concepts LLC purchased a new stake in WisdomTree U.S. MidCap Fund in the 2nd quarter valued at $78,000. Finally, Horizons Wealth Management bought a new position in WisdomTree U.S. MidCap Fund during the 3rd quarter valued at $88,000.

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.