WisdomTree Dynamic International Equity Fund (BATS:DDWM) Hits New 52-Week High – Still a Buy?

WisdomTree Dynamic International Equity Fund (BATS:DDWM) shares hit a new 52-week high on Wednesday . The stock traded as high as $47.11 and last traded at $47.0550, with a volume of 30765 shares trading hands. The stock had previously closed at $46.80.

WisdomTree Dynamic International Equity Fund Trading Up 0.2%

The stock has a market capitalization of $748.15 million, a PE ratio of 13.65 and a beta of 0.59. The business’s 50 day moving average is $44.71 and its 200 day moving average is $42.84.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of DDWM. HF Advisory Group LLC raised its holdings in shares of WisdomTree Dynamic International Equity Fund by 0.9% in the fourth quarter. HF Advisory Group LLC now owns 27,312 shares of the company’s stock worth $1,189,000 after buying an additional 250 shares during the period. Occidental Asset Management LLC grew its position in WisdomTree Dynamic International Equity Fund by 0.3% in the 4th quarter. Occidental Asset Management LLC now owns 99,945 shares of the company’s stock valued at $4,352,000 after acquiring an additional 278 shares during the last quarter. Comerica Bank increased its stake in WisdomTree Dynamic International Equity Fund by 19.4% in the third quarter. Comerica Bank now owns 1,806 shares of the company’s stock worth $75,000 after purchasing an additional 293 shares during the period. Geneos Wealth Management Inc. increased its stake in WisdomTree Dynamic International Equity Fund by 0.8% in the fourth quarter. Geneos Wealth Management Inc. now owns 48,983 shares of the company’s stock worth $2,133,000 after purchasing an additional 369 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in shares of WisdomTree Dynamic International Equity Fund by 9.8% during the second quarter. JPMorgan Chase & Co. now owns 4,645 shares of the company’s stock worth $184,000 after purchasing an additional 414 shares during the last quarter.

WisdomTree Dynamic International Equity Fund Company Profile

The WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a dividend-weighted index of dividend-paying developed-market equities outside the US and Canada. The index dynamically hedges currency exposure for USD investors based on three equal-weighted signals. DDWM was launched on Jan 7, 2016 and is managed by WisdomTree.