WisdomTree Dynamic International Equity Fund (BATS:DDWM) Stock Price Down 1% – What’s Next?

WisdomTree Dynamic International Equity Fund (BATS:DDWM)’s stock price was down 1% on Tuesday . The company traded as low as $46.41 and last traded at $46.46. Approximately 42,692 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 139,755 shares. The stock had previously closed at $46.91.

WisdomTree Dynamic International Equity Fund Stock Performance

The company has a market cap of $741.04 million, a PE ratio of 13.65 and a beta of 0.59. The stock’s 50-day simple moving average is $46.26 and its 200 day simple moving average is $45.51.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in DDWM. JPMorgan Chase & Co. lifted its position in WisdomTree Dynamic International Equity Fund by 9.8% in the second quarter. JPMorgan Chase & Co. now owns 4,645 shares of the company’s stock valued at $184,000 after purchasing an additional 414 shares during the period. Jane Street Group LLC increased its position in WisdomTree Dynamic International Equity Fund by 1,036.1% during the 2nd quarter. Jane Street Group LLC now owns 372,986 shares of the company’s stock worth $14,793,000 after purchasing an additional 340,156 shares during the period. Bank of America Corp DE raised its stake in shares of WisdomTree Dynamic International Equity Fund by 9.3% during the 2nd quarter. Bank of America Corp DE now owns 536,086 shares of the company’s stock worth $21,261,000 after buying an additional 45,656 shares in the last quarter. MML Investors Services LLC raised its stake in shares of WisdomTree Dynamic International Equity Fund by 26.4% during the 2nd quarter. MML Investors Services LLC now owns 514,170 shares of the company’s stock worth $20,392,000 after buying an additional 107,494 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in shares of WisdomTree Dynamic International Equity Fund by 24.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 46,704 shares of the company’s stock worth $1,852,000 after buying an additional 9,050 shares in the last quarter.

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.