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

WisdomTree International Equity Fund (NYSEARCA:DWM)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $67.82 and last traded at $67.8020, with a volume of 4467 shares trading hands. The stock had previously closed at $67.43.

WisdomTree International Equity Fund Trading Up 0.6%

The firm’s fifty day moving average price is $66.42 and its two-hundred day moving average price is $64.47. The stock has a market capitalization of $624.21 million, a PE ratio of 13.53 and a beta of 0.71.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Cibc World Market Inc. grew its position in shares of WisdomTree International Equity Fund by 5.0% during the 3rd quarter. Cibc World Market Inc. now owns 51,015 shares of the company’s stock valued at $3,378,000 after acquiring an additional 2,452 shares during the period. Stratos Wealth Advisors LLC raised its holdings in WisdomTree International Equity Fund by 9.1% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 23,258 shares of the company’s stock worth $1,540,000 after purchasing an additional 1,946 shares during the period. Key Financial Inc boosted its position in WisdomTree International Equity Fund by 3.5% during the third quarter. Key Financial Inc now owns 55,509 shares of the company’s stock worth $3,696,000 after purchasing an additional 1,903 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in WisdomTree International Equity Fund by 5.6% in the third quarter. Jones Financial Companies Lllp now owns 6,963 shares of the company’s stock valued at $458,000 after purchasing an additional 369 shares during the period. Finally, OneAscent Financial Services LLC increased its position in shares of WisdomTree International Equity Fund by 26.7% in the third quarter. OneAscent Financial Services LLC now owns 9,542 shares of the company’s stock valued at $632,000 after buying an additional 2,011 shares in the last quarter. 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.