WisdomTree International Equity Fund (NYSEARCA:DWM) Sees Unusually-High Trading Volume – Should You Buy?

WisdomTree International Equity Fund (NYSEARCA:DWM) shares saw an uptick in trading volume on Friday . 43,080 shares changed hands during trading, an increase of 152% from the previous session’s volume of 17,084 shares.The stock last traded at $73.1260 and had previously closed at $73.29.

WisdomTree International Equity Fund Price Performance

The stock has a 50-day moving average price of $71.93 and a 200 day moving average price of $70.08. The firm has a market cap of $661.28 million, a price-to-earnings ratio of 13.53 and a beta of 0.68.

Hedge Funds Weigh In On WisdomTree International Equity Fund

Institutional investors have recently added to or reduced their stakes in the stock. Empowered Funds LLC acquired a new position in WisdomTree International Equity Fund in the 4th quarter valued at about $33,000. Integrated Wealth Concepts LLC acquired a new position in WisdomTree International Equity Fund in the 3rd quarter valued at about $67,000. Advisory Services Network LLC acquired a new position in WisdomTree International Equity Fund in the 3rd quarter valued at about $79,000. American Trust acquired a new position in WisdomTree International Equity Fund in the 3rd quarter valued at about $204,000. Finally, NBC Securities Inc. increased its position in WisdomTree International Equity Fund by 5.8% in the 4th quarter. NBC Securities Inc. now owns 2,975 shares of the company’s stock valued at $205,000 after acquiring an additional 164 shares during the period. Institutional investors and hedge funds own 67.46% of the company’s stock.

About WisdomTree International Equity Fund

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.