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

WisdomTree U.S. SmallCap Fund (NYSEARCA:EES) shares saw an uptick in 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 Performance

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

Institutional Trading of WisdomTree U.S. SmallCap Fund

Several large investors have recently added to or reduced their stakes in EES. Bank of Montreal Can acquired a new position in WisdomTree U.S. SmallCap Fund in the 4th quarter worth approximately $26,000. Root Financial Partners LLC purchased a new stake in shares of WisdomTree U.S. SmallCap Fund in the 3rd quarter valued at $32,000. Assetmark Inc. increased its stake in shares of WisdomTree U.S. SmallCap Fund by 432.2% in the second quarter. Assetmark Inc. now owns 777 shares of the company’s stock worth $40,000 after acquiring an additional 631 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of WisdomTree U.S. SmallCap Fund during the fourth quarter worth $50,000. Finally, Frazier Financial Advisors LLC lifted its position in WisdomTree U.S. SmallCap Fund by 675.9% during the third quarter. Frazier Financial Advisors LLC now owns 1,032 shares of the company’s stock valued at $58,000 after purchasing an additional 899 shares during the period.

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.