WisdomTree Dynamic International Equity Fund (BATS:DDWM) Sets New 12-Month High – Still a Buy?

WisdomTree Dynamic International Equity Fund (BATS:DDWM)’s stock price reached a new 52-week high on Monday . The company traded as high as $44.01 and last traded at $46.4150, with a volume of 180371 shares. The stock had previously closed at $43.54.

WisdomTree Dynamic International Equity Fund Price Performance

The stock has a market cap of $742.07 million, a PE ratio of 13.65 and a beta of 0.59. The company’s fifty day moving average is $44.15 and its 200-day moving average is $42.51.

Hedge Funds Weigh In On WisdomTree Dynamic International Equity Fund

Several institutional investors and hedge funds have recently modified their holdings of the stock. Park National Corp OH grew its holdings in WisdomTree Dynamic International Equity Fund by 7.9% during the fourth quarter. Park National Corp OH now owns 3,541,209 shares of the company’s stock worth $154,184,000 after acquiring an additional 258,135 shares during the period. Hennion & Walsh Asset Management Inc. lifted its holdings in WisdomTree Dynamic International Equity Fund by 3.1% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 1,259,777 shares of the company’s stock valued at $54,851,000 after acquiring an additional 38,417 shares during the period. Tcfg Wealth Management LLC boosted its position in WisdomTree Dynamic International Equity Fund by 3,704.3% in the 3rd quarter. Tcfg Wealth Management LLC now owns 1,225,786 shares of the company’s stock worth $51,238,000 after purchasing an additional 1,193,565 shares in the last quarter. Capital Asset Advisory Services LLC boosted its position in WisdomTree Dynamic International Equity Fund by 4.5% in the 4th quarter. Capital Asset Advisory Services LLC now owns 1,162,052 shares of the company’s stock worth $51,479,000 after purchasing an additional 50,044 shares in the last quarter. Finally, Axxcess Wealth Management LLC grew its stake in shares of WisdomTree Dynamic International Equity Fund by 4.1% during the 4th quarter. Axxcess Wealth Management LLC now owns 1,157,125 shares of the company’s stock worth $50,381,000 after purchasing an additional 45,898 shares during the period.

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.