WisdomTree International Equity Fund (NYSEARCA:DWM) Hits New 1-Year High – Time to Buy?

WisdomTree International Equity Fund (NYSEARCA:DWM)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $70.91 and last traded at $70.8650, with a volume of 3425 shares traded. The stock had previously closed at $70.50.

WisdomTree International Equity Fund Stock Up 0.3%

The company has a market capitalization of $650.99 million, a PE ratio of 13.53 and a beta of 0.71. The company has a 50-day moving average price of $68.07 and a two-hundred day moving average price of $66.36.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in DWM. Jones Financial Companies Lllp boosted its stake in WisdomTree International Equity Fund by 252.6% during the first quarter. Jones Financial Companies Lllp now owns 14,960 shares of the company’s stock valued at $870,000 after buying an additional 10,717 shares during the period. KMG Fiduciary Partners LLC raised its holdings in shares of WisdomTree International Equity Fund by 10.4% in the 2nd quarter. KMG Fiduciary Partners LLC now owns 12,567 shares of the company’s stock valued at $799,000 after acquiring an additional 1,189 shares in the last quarter. Envision Financial LLC boosted its position in shares of WisdomTree International Equity Fund by 1.1% during the 2nd quarter. Envision Financial LLC now owns 53,044 shares of the company’s stock valued at $3,371,000 after acquiring an additional 574 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of WisdomTree International Equity Fund by 0.8% during the second quarter. Janney Montgomery Scott LLC now owns 30,354 shares of the company’s stock worth $1,929,000 after purchasing an additional 255 shares in the last quarter. Finally, Duncan Williams Asset Management LLC purchased a new position in shares of WisdomTree International Equity Fund during the second quarter worth about $208,000. 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.