WisdomTree Dynamic International Equity Fund (BATS:DDWM) Reaches New 1-Year High – Still a Buy?

WisdomTree Dynamic International Equity Fund (BATS:DDWM)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $44.01 and last traded at $45.2250, with a volume of 180371 shares changing hands. The stock had previously closed at $43.54.

WisdomTree Dynamic International Equity Fund Trading Up 3.8%

The business’s 50 day moving average price is $43.45 and its two-hundred day moving average price is $42.11. The stock has a market cap of $721.10 million, a P/E ratio of 13.65 and a beta of 0.59.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in DDWM. Nvwm LLC lifted its stake in shares of WisdomTree Dynamic International Equity Fund by 10,000.0% in the fourth quarter. Nvwm LLC now owns 1,010 shares of the company’s stock worth $44,000 after buying an additional 1,000 shares in the last quarter. US Bancorp DE bought a new stake in shares of WisdomTree Dynamic International Equity Fund during the third quarter valued at approximately $47,000. Root Financial Partners LLC purchased a new position in WisdomTree Dynamic International Equity Fund in the 3rd quarter worth approximately $72,000. Comerica Bank lifted its position in WisdomTree Dynamic International Equity Fund by 19.4% in the 3rd quarter. Comerica Bank now owns 1,806 shares of the company’s stock valued at $75,000 after acquiring an additional 293 shares in the last quarter. Finally, Capital A Wealth Management LLC purchased a new stake in WisdomTree Dynamic International Equity Fund during the 2nd quarter valued at $92,000.

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.