WisdomTree International Equity Fund (NYSEARCA:DWM) Sees Large Volume Increase – Here’s Why

WisdomTree International Equity Fund (NYSEARCA:DWM) saw an uptick in trading volume on Wednesday . Approximately 33,927 shares were traded during mid-day trading, an increase of 133% from the previous session’s volume of 14,590 shares.The stock last traded at $73.74 and had previously closed at $74.14.

WisdomTree International Equity Fund Trading Up 0.5%

The firm has a market cap of $674.63 million, a PE ratio of 13.53 and a beta of 0.67. The company’s 50-day moving average is $73.78 and its 200 day moving average is $72.83.

Institutional Trading of WisdomTree International Equity Fund

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

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.