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

WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) shares saw strong 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 Price Performance

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

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

A number of large investors have recently bought and sold shares of EZM. LPL Financial LLC grew its holdings in WisdomTree U.S. MidCap Fund by 536.6% in the fourth quarter. LPL Financial LLC now owns 804,153 shares of the company’s stock worth $50,268,000 after purchasing an additional 677,825 shares during the period. Strategic Financial Concepts LLC bought a new position in shares of WisdomTree U.S. MidCap Fund in the fourth quarter valued at $12,125,000. Raymond James Financial Inc. bought a new position in shares of WisdomTree U.S. MidCap Fund in the fourth quarter valued at $8,245,000. Lionshead Wealth Management LLC bought a new position in shares of WisdomTree U.S. MidCap Fund in the fourth quarter valued at $5,620,000. Finally, World Investment Advisors LLC bought a new position in shares of WisdomTree U.S. MidCap Fund in the third quarter valued at $5,467,000.

WisdomTree U.S. MidCap Fund Company Profile

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.