WisdomTree U.S. SmallCap Fund (NYSEARCA:EES) Reaches New 1-Year High – Should You Buy?

Shares of WisdomTree U.S. SmallCap Fund (NYSEARCA:EES) hit a new 52-week high during trading on Thursday . The stock traded as high as $68.74 and last traded at $68.16, with a volume of 16729 shares changing hands. The stock had previously closed at $67.79.

WisdomTree U.S. SmallCap Fund Stock Performance

The firm’s fifty day simple moving average is $64.37 and its 200-day simple moving average is $60.96. The stock has a market cap of $725.90 million, a P/E ratio of 12.42 and a beta of 1.00.

Institutional Investors Weigh In On WisdomTree U.S. SmallCap Fund

Large investors have recently modified their holdings of the company. Jones Financial Companies Lllp boosted its position in WisdomTree U.S. SmallCap Fund by 179.3% during the first quarter. Jones Financial Companies Lllp now owns 2,128 shares of the company’s stock valued at $104,000 after acquiring an additional 1,366 shares during the last quarter. Betterment LLC raised its position in shares of WisdomTree U.S. SmallCap Fund by 9.8% in the 2nd quarter. Betterment LLC now owns 9,443 shares of the company’s stock worth $481,000 after acquiring an additional 843 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of WisdomTree U.S. SmallCap Fund in the 2nd quarter valued at about $508,000. Smartleaf Asset Management LLC boosted its position in shares of WisdomTree U.S. SmallCap Fund by 3.6% during the 2nd quarter. Smartleaf Asset Management LLC now owns 17,957 shares of the company’s stock valued at $916,000 after purchasing an additional 626 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of WisdomTree U.S. SmallCap Fund by 1.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 44,915 shares of the company’s stock valued at $2,509,000 after purchasing an additional 835 shares in the last quarter.

About WisdomTree U.S. SmallCap Fund

WisdomTree SmallCap Earnings Fund (the Fund) seeks investment results that correspond to the price and yield performance of the WisdomTree SmallCap Earnings Index (the Index). The Index is a fundamentally weighted index that measures the performance of earnings-generating companies within the small-capitalization segment of the United States stock market. The Index consists of the companies in the bottom 25% of the market capitalization of the WisdomTree Earnings Index after the 500 largest companies have been removed.