WisdomTree International Equity Fund (NYSEARCA:DWM) Sees Unusually-High Trading Volume – What’s Next?

Shares of WisdomTree International Equity Fund (NYSEARCA:DWM) saw strong trading volume on Monday . 87,242 shares were traded during trading, an increase of 338% from the previous session’s volume of 19,934 shares.The stock last traded at $66.3370 and had previously closed at $66.46.

WisdomTree International Equity Fund Stock Performance

The firm has a fifty day moving average price of $66.30 and a 200 day moving average price of $64.09. The company has a market cap of $610.05 million, a price-to-earnings ratio of 13.53 and a beta of 0.71.

Institutional Investors Weigh In On WisdomTree International Equity Fund

A number of large investors have recently added to or reduced their stakes in the stock. Twin Peaks Wealth Advisors LLC acquired a new position in shares of WisdomTree International Equity Fund in the 2nd quarter valued at approximately $143,000. Allworth Financial LP acquired a new position in shares of WisdomTree International Equity Fund in the second quarter valued at approximately $50,000. New World Advisors LLC raised its stake in shares of WisdomTree International Equity Fund by 14.2% during the second quarter. New World Advisors LLC now owns 5,654 shares of the company’s stock valued at $359,000 after acquiring an additional 703 shares during the last quarter. AE Wealth Management LLC lifted its holdings in WisdomTree International Equity Fund by 140.4% during the 2nd quarter. AE Wealth Management LLC now owns 428 shares of the company’s stock worth $27,000 after buying an additional 250 shares during the period. Finally, Pinnacle Wealth Planning Services Inc. boosted its holdings in WisdomTree International Equity Fund by 1.9% in the second quarter. Pinnacle Wealth Planning Services Inc. now owns 22,441 shares of the company’s stock valued at $1,426,000 after acquiring an additional 418 shares during the last quarter. Institutional investors and hedge funds own 67.46% of the company’s stock.

About WisdomTree International Equity Fund

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.