WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) Sees Unusually-High Trading Volume – Here’s Why

WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) shares saw an uptick in trading volume on Thursday . 62,298 shares changed hands during trading, an increase of 52% from the previous session’s volume of 41,007 shares.The stock last traded at $58.31 and had previously closed at $58.87.

WisdomTree U.S. MidCap Fund Trading Down 1.4 %

The stock’s 50-day moving average is $63.17 and its 200-day moving average is $63.17. The firm has a market capitalization of $740.25 million, a price-to-earnings ratio of 13.49 and a beta of 1.22.

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

A number of institutional investors have recently added to or reduced their stakes in EZM. Allworth Financial LP bought a new stake in WisdomTree U.S. MidCap Fund during the 4th quarter worth approximately $26,000. Golden State Wealth Management LLC bought a new stake in WisdomTree U.S. MidCap Fund during the 4th quarter worth approximately $66,000. Assetmark Inc. bought a new stake in WisdomTree U.S. MidCap Fund during the 4th quarter worth approximately $78,000. Tallon Kerry Patrick bought a new stake in WisdomTree U.S. MidCap Fund during the 4th quarter worth approximately $233,000. Finally, Stanich Group LLC bought a new stake in WisdomTree U.S. MidCap Fund during the 4th quarter worth approximately $257,000.

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.