WisdomTree International Equity Fund (NYSEARCA:DWM) Trading Down 0.3% – What’s Next?

WisdomTree International Equity Fund (NYSEARCA:DWM) fell 0.3% during mid-day trading on Friday . The company traded as low as $73.07 and last traded at $73.53. Approximately 10,580 shares were traded during trading, a decline of 29% from the average session volume of 14,943 shares. The stock had previously closed at $73.78.

WisdomTree International Equity Fund Price Performance

The stock has a market capitalization of $665.45 million, a PE ratio of 13.53 and a beta of 0.67. The stock’s 50 day simple moving average is $73.79 and its two-hundred day simple moving average is $72.59.

Hedge Funds Weigh In On WisdomTree International Equity Fund

Several institutional investors have recently bought and sold shares of the company. Empowered Funds LLC purchased a new stake in WisdomTree International Equity Fund in the fourth quarter worth $33,000. Integrated Wealth Concepts LLC bought a new position in shares of WisdomTree International Equity Fund during the 3rd quarter worth $67,000. Advisory Services Network LLC purchased a new stake in WisdomTree International Equity Fund in the 3rd quarter worth about $79,000. American Trust purchased a new stake in WisdomTree International Equity Fund in the 3rd quarter worth about $204,000. Finally, NBC Securities Inc. raised its stake in WisdomTree International Equity Fund by 5.8% in the 4th quarter. NBC Securities Inc. now owns 2,975 shares of the company’s stock valued at $205,000 after acquiring an additional 164 shares during the period. Hedge funds and other institutional investors own 67.46% of the company’s stock.

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.