WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) Sees Large Volume Increase – What’s Next?

Shares of WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) saw strong trading volume on Friday . 170,498 shares changed hands during trading, an increase of 570% from the previous session’s volume of 25,463 shares.The stock last traded at $69.8250 and had previously closed at $70.38.

WisdomTree U.S. MidCap Fund Stock Performance

The firm has a market capitalization of $845.46 million, a P/E ratio of 12.98 and a beta of 1.09. The business has a 50 day simple moving average of $67.59 and a two-hundred day simple moving average of $65.83.

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

Several hedge funds and other institutional investors have recently modified their holdings of EZM. Quaker Wealth Management LLC raised its position in WisdomTree U.S. MidCap Fund by 200.0% in the 2nd quarter. Quaker Wealth Management LLC now owns 457 shares of the company’s stock worth $28,000 after buying an additional 914 shares during the last quarter. Assetmark Inc. purchased a new position in shares of WisdomTree U.S. MidCap Fund in the second quarter worth approximately $62,000. Advisory Services Network LLC bought a new stake in shares of WisdomTree U.S. MidCap Fund during the 3rd quarter valued at $73,000. Jones Financial Companies Lllp lifted its position in shares of WisdomTree U.S. MidCap Fund by 86.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,943 shares of the company’s stock valued at $128,000 after buying an additional 901 shares in the last quarter. Finally, US Bancorp DE raised its holdings in WisdomTree U.S. MidCap Fund by 56.4% during the third quarter. US Bancorp DE now owns 1,955 shares of the company’s stock valued at $129,000 after acquiring an additional 705 shares during the period.

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.