WisdomTree U.S. LargeCap Fund (NYSEARCA:EPS) Reaches New 52-Week High – Still a Buy?

Shares of WisdomTree U.S. LargeCap Fund (NYSEARCA:EPS) reached a new 52-week high during trading on Monday . The stock traded as high as $63.95 and last traded at $63.86, with a volume of 5942 shares trading hands. The stock had previously closed at $63.93.

WisdomTree U.S. LargeCap Fund Price Performance

The company’s 50-day moving average is $61.58 and its two-hundred day moving average is $58.84. The firm has a market cap of $990.38 million, a P/E ratio of 19.08 and a beta of 0.94.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Fiduciary Trust Co raised its holdings in WisdomTree U.S. LargeCap Fund by 25.3% in the 3rd quarter. Fiduciary Trust Co now owns 2,134,388 shares of the company’s stock valued at $128,149,000 after buying an additional 430,831 shares during the last quarter. Kovitz Investment Group Partners LLC bought a new position in WisdomTree U.S. LargeCap Fund in the 3rd quarter valued at approximately $8,419,000. LPL Financial LLC raised its holdings in WisdomTree U.S. LargeCap Fund by 6.0% in the 2nd quarter. LPL Financial LLC now owns 1,025,913 shares of the company’s stock valued at $58,354,000 after buying an additional 57,644 shares during the last quarter. Private Advisor Group LLC raised its holdings in WisdomTree U.S. LargeCap Fund by 5.4% in the 2nd quarter. Private Advisor Group LLC now owns 1,034,205 shares of the company’s stock valued at $58,826,000 after buying an additional 52,690 shares during the last quarter. Finally, Garrett Wealth Advisory Group LLC raised its holdings in WisdomTree U.S. LargeCap Fund by 3.2% in the 2nd quarter. Garrett Wealth Advisory Group LLC now owns 664,438 shares of the company’s stock valued at $37,793,000 after buying an additional 20,377 shares during the last quarter.

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.