WisdomTree International Equity Fund (NYSEARCA:DWM) Sets New 52-Week High – What’s Next?

WisdomTree International Equity Fund (NYSEARCA:DWM)’s share price hit a new 52-week high on Tuesday . The company traded as high as $72.96 and last traded at $72.7110, with a volume of 2931 shares changing hands. The stock had previously closed at $71.76.

WisdomTree International Equity Fund Stock Up 1.3%

The stock has a market capitalization of $668.93 million, a price-to-earnings ratio of 13.53 and a beta of 0.71. The stock’s 50-day simple moving average is $68.71 and its 200 day simple moving average is $66.79.

Institutional Trading of WisdomTree International Equity Fund

Several hedge funds and other institutional investors have recently modified their holdings of DWM. Jones Financial Companies Lllp increased its stake in WisdomTree International Equity Fund by 252.6% in the first quarter. Jones Financial Companies Lllp now owns 14,960 shares of the company’s stock valued at $870,000 after acquiring an additional 10,717 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in WisdomTree International Equity Fund by 0.8% during the second 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 during the period. Duncan Williams Asset Management LLC purchased a new position in WisdomTree International Equity Fund during the 2nd quarter valued at about $208,000. IFP Advisors Inc purchased a new stake in WisdomTree International Equity Fund in the second quarter valued at approximately $32,000. Finally, Courier Capital LLC grew its stake in shares of WisdomTree International Equity Fund by 1.5% during the second quarter. Courier Capital LLC now owns 26,652 shares of the company’s stock valued at $1,694,000 after buying an additional 396 shares during the last quarter. Institutional investors own 67.46% of the company’s stock.

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.