WisdomTree U.S. LargeCap Fund (NYSEARCA:EPS) Reaches New 1-Year High – Still a Buy?

Shares of WisdomTree U.S. LargeCap Fund (NYSEARCA:EPS) reached a new 52-week high on Thursday . The stock traded as high as $81.79 and last traded at $81.8650, with a volume of 7197 shares traded. The stock had previously closed at $81.22.

WisdomTree U.S. LargeCap Fund Trading Down 0.2%

The firm has a fifty day simple moving average of $78.44 and a 200-day simple moving average of $74.76. The stock has a market cap of $1.66 billion, a price-to-earnings ratio of 21.24 and a beta of 0.95.

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

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Bessemer Group Inc. bought a new position in WisdomTree U.S. LargeCap Fund in the first quarter valued at about $25,000. Luts & Greenleigh Group Inc. acquired a new stake in WisdomTree U.S. LargeCap Fund in the first quarter worth about $236,000. Uptick Partners LLC raised its holdings in WisdomTree U.S. LargeCap Fund by 57.1% during the 1st quarter. Uptick Partners LLC now owns 15,124 shares of the company’s stock worth $1,030,000 after purchasing an additional 5,495 shares during the last quarter. Kestra Advisory Services LLC raised its holdings in WisdomTree U.S. LargeCap Fund by 13.6% during the 1st quarter. Kestra Advisory Services LLC now owns 281,211 shares of the company’s stock worth $19,153,000 after purchasing an additional 33,731 shares during the last quarter. Finally, Mosaic Family Wealth Partners LLC bought a new stake in WisdomTree U.S. LargeCap Fund during the 1st quarter worth about $237,000.

About WisdomTree U.S. LargeCap Fund

WisdomTree Earnings 500 Fund (the Fund) seeks investment results that correspond to the price and yield performance of the WisdomTree Earnings 500 Index (the Index). The Index is a fundamentally weighted index that measures the performance of earnings-generating companies within the large-capitalization segment of the United States stock market. Companies in the Index are incorporated and listed in the United States, and have generated positive cumulative earnings over their most recent four fiscal quarters prior to the Index measurement date.