WisdomTree International Equity Fund (NYSEARCA:DWM) Reaches New 1-Year High – Time to Buy?

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

WisdomTree International Equity Fund Stock Performance

The stock has a 50 day simple moving average of $74.29 and a two-hundred day simple moving average of $73.29. The firm has a market cap of $693.86 million, a PE ratio of 13.53 and a beta of 0.66.

Institutional Trading of WisdomTree International Equity Fund

Several hedge funds and other institutional investors have recently bought and sold shares of DWM. Osaic Holdings Inc. lifted its holdings in WisdomTree International Equity Fund by 4.0% in the fourth quarter. Osaic Holdings Inc. now owns 33,427 shares of the company’s stock valued at $2,300,000 after acquiring an additional 1,277 shares during the period. Comerica Bank boosted its position in WisdomTree International Equity Fund by 2.5% in the 3rd quarter. Comerica Bank now owns 22,947 shares of the company’s stock worth $1,519,000 after purchasing an additional 566 shares in the last quarter. Focus Partners Wealth grew its stake in shares of WisdomTree International Equity Fund by 224.5% during the 3rd quarter. Focus Partners Wealth now owns 15,817 shares of the company’s stock worth $1,047,000 after purchasing an additional 10,943 shares during the period. Ameriprise Financial Inc. grew its stake in shares of WisdomTree International Equity Fund by 5.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,931 shares of the company’s stock worth $260,000 after purchasing an additional 189 shares during the period. Finally, Advisory Services Network LLC acquired a new stake in shares of WisdomTree International Equity Fund during the 3rd quarter worth approximately $79,000. 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.