WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) Shares Cross Above 200-Day Moving Average – What’s Next?

Shares of WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 33.92 ($0.43) and traded as high as GBX 34.50 ($0.43). WisdomTree U.S. SmallCap Dividend Fund shares last traded at GBX 34.47 ($0.43), with a volume of 48,708 shares.

WisdomTree U.S. SmallCap Dividend Fund Stock Performance

The stock has a fifty day moving average price of GBX 35.82 and a 200-day moving average price of GBX 33.92. The firm has a market cap of £20.82 million, a PE ratio of 9.39 and a beta of 1.08.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Stifel Financial Corp increased its stake in WisdomTree U.S. SmallCap Dividend Fund by 115.3% during the 3rd quarter. Stifel Financial Corp now owns 476,329 shares of the company’s stock worth $16,429,000 after buying an additional 255,042 shares during the period. Raymond James & Associates increased its position in shares of WisdomTree U.S. SmallCap Dividend Fund by 30.8% during the third quarter. Raymond James & Associates now owns 444,823 shares of the company’s stock worth $15,342,000 after acquiring an additional 104,775 shares during the last quarter. Valmark Advisers Inc. increased its position in shares of WisdomTree U.S. SmallCap Dividend Fund by 35.4% during the third quarter. Valmark Advisers Inc. now owns 210,807 shares of the company’s stock worth $7,271,000 after acquiring an additional 55,119 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in shares of WisdomTree U.S. SmallCap Dividend Fund by 9.9% in the second quarter. Mercer Global Advisors Inc. ADV now owns 359,347 shares of the company’s stock worth $11,194,000 after acquiring an additional 32,361 shares in the last quarter. Finally, Huntington National Bank boosted its holdings in WisdomTree U.S. SmallCap Dividend Fund by 5.2% in the third quarter. Huntington National Bank now owns 544,818 shares of the company’s stock valued at $18,791,000 after purchasing an additional 26,751 shares during the last quarter.

About WisdomTree U.S. SmallCap Dividend Fund

WisdomTree SmallCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree SmallCap Dividend Index (the Index). The Index is a fundamentally weighted index measuring the performance of the small-capitalization segment of the United States dividend-paying market.