WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Stock Price Crosses Above 200-Day Moving Average – Here’s What Happened

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $53.20 and traded as high as $53.61. WisdomTree Emerging Markets High Dividend Fund shares last traded at $53.55, with a volume of 145,601 shares changing hands.

WisdomTree Emerging Markets High Dividend Fund Stock Performance

The stock’s 50 day simple moving average is $55.02 and its two-hundred day simple moving average is $53.23. The firm has a market capitalization of $4.00 billion, a PE ratio of 9.46 and a beta of 0.64.

Institutional Trading of WisdomTree Emerging Markets High Dividend Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Private Advisor Group LLC purchased a new position in WisdomTree Emerging Markets High Dividend Fund in the third quarter worth approximately $24,344,000. Composition Wealth LLC acquired a new stake in shares of WisdomTree Emerging Markets High Dividend Fund in the 3rd quarter valued at $5,921,000. Trustmark Bank Trust Department acquired a new stake in shares of WisdomTree Emerging Markets High Dividend Fund in the 3rd quarter valued at $234,000. Global Retirement Partners LLC lifted its position in shares of WisdomTree Emerging Markets High Dividend Fund by 44.0% during the 3rd quarter. Global Retirement Partners LLC now owns 8,577 shares of the company’s stock worth $474,000 after purchasing an additional 2,619 shares during the last quarter. Finally, Rothschild Investment LLC lifted its position in shares of WisdomTree Emerging Markets High Dividend Fund by 1.1% during the 3rd quarter. Rothschild Investment LLC now owns 65,387 shares of the company’s stock worth $3,617,000 after purchasing an additional 719 shares during the last quarter. Hedge funds and other institutional investors own 58.33% of the company’s stock.

About WisdomTree Emerging Markets High Dividend Fund

WisdomTree Emerging Markets Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Emerging Markets Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of the highest dividend yielding stocks selected from the WisdomTree Emerging Markets Dividend Index. At the index measurement date, companies within the WisdomTree Emerging Markets Dividend Index are ranked by dividend yield.