WisdomTree U.S. SmallCap Fund (NYSEARCA:EES) Sets New 12-Month High – Still a Buy?

WisdomTree U.S. SmallCap Fund (NYSEARCA:EES) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $67.00 and last traded at $66.9740, with a volume of 3323 shares. The stock had previously closed at $66.44.

WisdomTree U.S. SmallCap Fund Stock Up 1.2%

The company’s fifty day moving average price is $64.04 and its two-hundred day moving average price is $60.73. The company has a market cap of $729.45 million, a price-to-earnings ratio of 12.42 and a beta of 1.01.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of EES. Savvy Advisors Inc. boosted its position in WisdomTree U.S. SmallCap Fund by 5.1% during the 4th quarter. Savvy Advisors Inc. now owns 6,212 shares of the company’s stock worth $354,000 after acquiring an additional 302 shares during the last quarter. Kestra Advisory Services LLC boosted its holdings in WisdomTree U.S. SmallCap Fund by 1.6% during the first quarter. Kestra Advisory Services LLC now owns 22,328 shares of the company’s stock worth $1,296,000 after purchasing an additional 345 shares during the last quarter. Bank of Montreal Can bought a new position in WisdomTree U.S. SmallCap Fund in the fourth quarter valued at $26,000. Modera Wealth Management LLC increased its stake in WisdomTree U.S. SmallCap Fund by 7.3% in the 4th quarter. Modera Wealth Management LLC now owns 7,321 shares of the company’s stock valued at $417,000 after buying an additional 500 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in WisdomTree U.S. SmallCap Fund by 3.6% in the 2nd quarter. Smartleaf Asset Management LLC now owns 17,957 shares of the company’s stock valued at $916,000 after buying an additional 626 shares during the last quarter.

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.