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

WisdomTree International Equity Fund (NYSEARCA:DWM) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $84.37 and last traded at $76.7750, with a volume of 4936 shares. The stock had previously closed at $76.54.

WisdomTree International Equity Fund Trading Up 0.2%

The stock has a market capitalization of $694.23 million, a price-to-earnings ratio of 13.53 and a beta of 0.66. The firm has a 50-day moving average of $74.16 and a 200 day moving average of $73.23.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Wells Fargo & Company MN increased its stake in WisdomTree International Equity Fund by 19.7% during the 4th quarter. Wells Fargo & Company MN now owns 402,918 shares of the company’s stock valued at $27,705,000 after buying an additional 66,308 shares during the period. Bank of America Corp DE lifted its stake in shares of WisdomTree International Equity Fund by 5.7% in the 3rd quarter. Bank of America Corp DE now owns 387,961 shares of the company’s stock worth $25,690,000 after acquiring an additional 20,809 shares during the period. Valmark Advisers Inc. boosted its holdings in shares of WisdomTree International Equity Fund by 0.7% in the first quarter. Valmark Advisers Inc. now owns 309,543 shares of the company’s stock valued at $21,634,000 after acquiring an additional 2,043 shares in the last quarter. UBS Group AG boosted its holdings in shares of WisdomTree International Equity Fund by 5.2% in the fourth quarter. UBS Group AG now owns 180,277 shares of the company’s stock valued at $12,396,000 after acquiring an additional 8,880 shares in the last quarter. Finally, MML Investors Services LLC acquired a new position in shares of WisdomTree International Equity Fund during the fourth quarter valued at approximately $6,129,000. 67.46% of the stock is owned by institutional investors and hedge funds.

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.