WisdomTree International Equity Fund (NYSEARCA:DWM) Stock Price Down 0.2% – Here’s Why

WisdomTree International Equity Fund (NYSEARCA:DWM)’s share price traded down 0.2% during trading on Friday . The company traded as low as $73.92 and last traded at $73.94. 4,403 shares changed hands during trading, a decline of 73% from the average session volume of 16,118 shares. The stock had previously closed at $74.11.

WisdomTree International Equity Fund Price Performance

The business has a 50 day moving average of $72.03 and a 200 day moving average of $70.79. The firm has a market capitalization of $669.16 million, a price-to-earnings ratio of 13.53 and a beta of 0.67.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DWM. Jones Financial Companies Lllp lifted its holdings 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 worth $870,000 after acquiring an additional 10,717 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in WisdomTree International Equity Fund by 1.3% during the second quarter. Raymond James Financial Inc. now owns 84,593 shares of the company’s stock worth $5,377,000 after acquiring an additional 1,068 shares in the last quarter. Ameriprise Financial Inc. bought a new position in WisdomTree International Equity Fund during the second quarter worth about $238,000. Bank of America Corp DE lifted its holdings in WisdomTree International Equity Fund by 0.5% during the second quarter. Bank of America Corp DE now owns 367,152 shares of the company’s stock worth $23,336,000 after acquiring an additional 1,874 shares in the last quarter. Finally, Frazier Financial Advisors LLC lifted its holdings in WisdomTree International Equity Fund by 6.9% during the third quarter. Frazier Financial Advisors LLC now owns 17,506 shares of the company’s stock worth $1,159,000 after acquiring an additional 1,123 shares in the last quarter. 67.46% of the stock is currently owned by institutional investors.

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.