WisdomTree U.S. SmallCap Fund (NYSEARCA:EES) Sees Unusually-High Trading Volume – Time to Buy?

WisdomTree U.S. SmallCap Fund (NYSEARCA:EES) saw an uptick in trading volume on Tuesday. 27,619 shares traded hands during mid-day trading, an increase of 52% from the average daily volume of 18,204 shares. The stock last traded at $66.0440 and had previously closed at $65.90.

WisdomTree U.S. SmallCap Fund Stock Performance

The firm has a fifty day simple moving average of $66.45 and a two-hundred day simple moving average of $63.81. The stock has a market cap of $688.58 million, a PE ratio of 12.42 and a beta of 1.03.

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

A number of hedge funds and other institutional investors have recently modified their holdings of EES. Root Financial Partners LLC purchased a new position in WisdomTree U.S. SmallCap Fund in the 3rd quarter worth approximately $37,000. Horizons Wealth Management bought a new position in WisdomTree U.S. SmallCap Fund in the third quarter worth $54,000. IFP Advisors Inc lifted its position in WisdomTree U.S. SmallCap Fund by 55.6% during the 2nd quarter. IFP Advisors Inc now owns 957 shares of the company’s stock valued at $65,000 after acquiring an additional 342 shares during the period. Allworth Financial LP lifted its holdings in shares of WisdomTree U.S. SmallCap Fund by 118.5% during the second quarter. Allworth Financial LP now owns 1,230 shares of the company’s stock valued at $83,000 after purchasing an additional 667 shares during the last quarter. Finally, C M Bidwell & Associates Ltd. purchased a new stake in shares of WisdomTree U.S. SmallCap Fund in the 2nd quarter worth approximately $52,000.

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.