WisdomTree U.S. SmallCap Fund (NYSEARCA:EES) Sets New 52-Week High – Still a Buy?

WisdomTree U.S. SmallCap Fund (NYSEARCA:EES) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $59.64 and last traded at $59.25, with a volume of 16737 shares changing hands. The stock had previously closed at $59.27.

WisdomTree U.S. SmallCap Fund Stock Performance

The business’s 50 day moving average is $56.73 and its 200 day moving average is $55.23. The company has a market capitalization of $654.71 million, a price-to-earnings ratio of 12.42 and a beta of 1.09.

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

A number of large investors have recently made changes to their positions in the stock. Jones Financial Companies Lllp increased its position in shares of WisdomTree U.S. SmallCap Fund by 179.3% in the 1st 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 period. Shore Point Advisors LLC increased its holdings in shares of WisdomTree U.S. SmallCap Fund by 3.7% in the second quarter. Shore Point Advisors LLC now owns 277,857 shares of the company’s stock valued at $14,160,000 after purchasing an additional 9,847 shares during the period. KMG Fiduciary Partners LLC raised its stake in shares of WisdomTree U.S. SmallCap Fund by 11.4% in the second quarter. KMG Fiduciary Partners LLC now owns 10,334 shares of the company’s stock worth $527,000 after purchasing an additional 1,060 shares during the last quarter. DAVENPORT & Co LLC lifted its holdings in shares of WisdomTree U.S. SmallCap Fund by 57.4% during the second quarter. DAVENPORT & Co LLC now owns 7,158 shares of the company’s stock worth $365,000 after purchasing an additional 2,610 shares during the period. Finally, Defined Financial Planning LLC lifted its holdings in shares of WisdomTree U.S. SmallCap Fund by 17.5% during the second quarter. Defined Financial Planning LLC now owns 38,586 shares of the company’s stock worth $1,993,000 after purchasing an additional 5,757 shares during the period.

WisdomTree U.S. SmallCap Fund Company Profile

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.