WisdomTree U.S. SmallCap Fund (NYSEARCA:EES) Sees Strong Trading Volume – What’s Next?

Shares of WisdomTree U.S. SmallCap Fund (NYSEARCA:EES) saw strong trading volume on Thursday . 170,651 shares traded hands during mid-day trading, an increase of 519% from the previous session’s volume of 27,561 shares.The stock last traded at $59.31 and had previously closed at $60.21.

WisdomTree U.S. SmallCap Fund Stock Down 1.3%

The stock has a market cap of $668.48 million, a price-to-earnings ratio of 12.42 and a beta of 1.09. The company has a 50 day simple moving average of $59.50 and a 200 day simple moving average of $57.10.

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

A number of hedge funds have recently modified their holdings of the business. Laurel Wealth Advisors LLC boosted its stake in WisdomTree U.S. SmallCap Fund by 4,996.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 214,542 shares of the company’s stock valued at $10,933,000 after purchasing an additional 210,332 shares during the last quarter. Arkadios Wealth Advisors purchased a new position in shares of WisdomTree U.S. SmallCap Fund during the third quarter valued at approximately $6,997,000. TopTier Wealth Management LLC bought a new stake in WisdomTree U.S. SmallCap Fund during the fourth quarter worth $5,411,000. Merit Financial Group LLC bought a new stake in WisdomTree U.S. SmallCap Fund during the fourth quarter worth $3,677,000. Finally, Raymond James Financial Inc. raised its holdings in shares of WisdomTree U.S. SmallCap Fund by 57.2% in the third quarter. Raymond James Financial Inc. now owns 167,815 shares of the company’s stock valued at $9,376,000 after purchasing an additional 61,060 shares during 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.