WisdomTree International Equity Fund (NYSEARCA:DWM) Sees Strong Trading Volume – Here’s Why

WisdomTree International Equity Fund (NYSEARCA:DWM) shares saw an uptick in trading volume on Friday . 95,596 shares traded hands during trading, an increase of 108% from the previous session’s volume of 45,957 shares.The stock last traded at $53.59 and had previously closed at $53.13.

WisdomTree International Equity Fund Stock Performance

The firm has a market capitalization of $553.21 million, a P/E ratio of 11.10 and a beta of 0.75. The firm’s 50-day moving average is $53.73 and its 200 day moving average is $55.06.

Institutional Investors Weigh In On WisdomTree International Equity Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of DWM. Merit Financial Group LLC increased its stake in WisdomTree International Equity Fund by 0.7% in the 4th quarter. Merit Financial Group LLC now owns 27,792 shares of the company’s stock valued at $1,465,000 after buying an additional 193 shares during the last quarter. Envision Financial LLC bought a new stake in WisdomTree International Equity Fund during the fourth quarter worth about $2,776,000. JPMorgan Chase & Co. raised its stake in shares of WisdomTree International Equity Fund by 56.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 18,255 shares of the company’s stock worth $1,051,000 after purchasing an additional 6,572 shares in the last quarter. CreativeOne Wealth LLC acquired a new stake in shares of WisdomTree International Equity Fund in the 3rd quarter valued at approximately $758,000. Finally, FMR LLC grew its stake in shares of WisdomTree International Equity Fund by 18.3% in the third quarter. FMR LLC now owns 2,519 shares of the company’s stock valued at $145,000 after buying an additional 390 shares in the last quarter.

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.