WisdomTree International Equity Fund (NYSEARCA:DWM) Sets New 12-Month High – Time to Buy?

WisdomTree International Equity Fund (NYSEARCA:DWM)’s share price reached a new 52-week high on Friday . The company traded as high as $68.87 and last traded at $68.79, with a volume of 3679 shares. The stock had previously closed at $68.35.

WisdomTree International Equity Fund Trading Up 0.5%

The firm’s 50-day moving average price is $66.92 and its 200-day moving average price is $65.48. The stock has a market capitalization of $631.67 million, a PE ratio of 13.53 and a beta of 0.71.

Institutional Investors Weigh In On WisdomTree International Equity Fund

Several institutional investors have recently modified their holdings of DWM. Kondo Wealth Advisors Inc. boosted its holdings in WisdomTree International Equity Fund by 1.0% in the first quarter. Kondo Wealth Advisors Inc. now owns 18,170 shares of the company’s stock worth $1,057,000 after acquiring an additional 176 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of WisdomTree International Equity Fund by 5.1% during the third quarter. Ameriprise Financial Inc. now owns 3,931 shares of the company’s stock valued at $260,000 after acquiring an additional 189 shares in the last quarter. AE Wealth Management LLC grew its position in WisdomTree International Equity Fund by 140.4% during the 2nd quarter. AE Wealth Management LLC now owns 428 shares of the company’s stock worth $27,000 after purchasing an additional 250 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in WisdomTree International Equity Fund by 0.8% during the 2nd quarter. Janney Montgomery Scott LLC now owns 30,354 shares of the company’s stock valued at $1,929,000 after purchasing an additional 255 shares in the last quarter. Finally, Merit Financial Group LLC increased its stake in WisdomTree International Equity Fund by 0.6% during the 3rd quarter. Merit Financial Group LLC now owns 47,209 shares of the company’s stock valued at $3,126,000 after purchasing an additional 291 shares in the last quarter. 67.46% of the stock is owned by institutional investors.

WisdomTree International Equity Fund Company Profile

The WisdomTree International Equity Fund (DWM) is an exchange-traded fund that is based on the WisdomTree International Equity index. The fund tracks a dividend-weighted index of dividend-paying companies in developed markets excluding Canada and the US. DWM was launched on Jun 16, 2006 and is managed by WisdomTree.