WisdomTree International Equity Fund (NYSEARCA:DWM) Reaches New 1-Year High – What’s Next?

WisdomTree International Equity Fund (NYSEARCA:DWMGet Free Report)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $76.58 and last traded at $76.58, with a volume of 238 shares. The stock had previously closed at $76.28.

WisdomTree International Equity Fund Trading Up 0.2%

The firm has a 50-day moving average of $73.89 and a 200-day moving average of $72.99. The stock has a market capitalization of $691.64 million, a price-to-earnings ratio of 13.53 and a beta of 0.66.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Janney Montgomery Scott LLC lifted its holdings in shares of WisdomTree International Equity Fund by 2.6% during the second quarter. Janney Montgomery Scott LLC now owns 31,153 shares of the company’s stock worth $2,281,000 after purchasing an additional 799 shares during the period. Waverly Advisors LLC purchased a new stake in WisdomTree International Equity Fund in the first quarter valued at approximately $399,000. Cetera Investment Advisers increased its holdings in WisdomTree International Equity Fund by 5.9% in the 1st quarter. Cetera Investment Advisers now owns 84,255 shares of the company’s stock worth $5,889,000 after buying an additional 4,731 shares during the period. Private Advisor Group LLC increased its holdings in WisdomTree International Equity Fund by 12.0% in the 1st quarter. Private Advisor Group LLC now owns 5,832 shares of the company’s stock worth $408,000 after buying an additional 624 shares during the period. Finally, Valmark Advisers Inc. raised its position in WisdomTree International Equity Fund by 0.7% during the 1st quarter. Valmark Advisers Inc. now owns 309,543 shares of the company’s stock worth $21,634,000 after buying an additional 2,043 shares during the last quarter. 67.46% of the stock is owned by institutional investors and hedge funds.

About WisdomTree International Equity Fund

(Get Free Report)

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.

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