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

WisdomTree U.S. MidCap Fund (NYSEARCA:EZMGet Free Report) saw unusually-strong trading volume on Wednesday . Approximately 116,109 shares traded hands during mid-day trading, an increase of 307% from the previous session’s volume of 28,506 shares.The stock last traded at $62.71 and had previously closed at $62.46.

WisdomTree U.S. MidCap Fund Price Performance

The firm has a market cap of $841.97 million, a price-to-earnings ratio of 9.62 and a beta of 1.18. The firm has a fifty day simple moving average of $61.44 and a two-hundred day simple moving average of $59.69.

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

Several hedge funds have recently made changes to their positions in EZM. Private Advisor Group LLC increased its holdings in shares of WisdomTree U.S. MidCap Fund by 14.3% during the 1st quarter. Private Advisor Group LLC now owns 169,135 shares of the company’s stock valued at $10,321,000 after purchasing an additional 21,108 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in WisdomTree U.S. MidCap Fund by 15.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 47,225 shares of the company’s stock worth $2,882,000 after acquiring an additional 6,493 shares in the last quarter. Consolidated Planning Corp raised its position in WisdomTree U.S. MidCap Fund by 3.5% during the first quarter. Consolidated Planning Corp now owns 149,868 shares of the company’s stock worth $9,145,000 after acquiring an additional 5,074 shares during the period. DAVENPORT & Co LLC lifted its holdings in WisdomTree U.S. MidCap Fund by 10.4% during the first quarter. DAVENPORT & Co LLC now owns 472,211 shares of the company’s stock valued at $28,814,000 after purchasing an additional 44,556 shares in the last quarter. Finally, Clearwater Capital Advisors LLC grew its position in shares of WisdomTree U.S. MidCap Fund by 0.5% in the first quarter. Clearwater Capital Advisors LLC now owns 154,295 shares of the company’s stock valued at $9,415,000 after purchasing an additional 821 shares during the period.

WisdomTree U.S. MidCap Fund Company Profile

(Get Free Report)

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.

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