WisdomTree Dynamic International Equity Fund (BATS:DDWM) Shares Up 5.2% – Here’s Why

WisdomTree Dynamic International Equity Fund (BATS:DDWM)’s stock price shot up 5.2% during mid-day trading on Tuesday . The company traded as high as $39.57 and last traded at $41.8250. 63,002 shares were traded during mid-day trading, a decline of 25% from the average session volume of 83,555 shares. The stock had previously closed at $39.76.

WisdomTree Dynamic International Equity Fund Price Performance

The stock has a market capitalization of $667.11 million, a price-to-earnings ratio of 13.65 and a beta of 0.59. The business has a 50 day simple moving average of $41.78 and a 200-day simple moving average of $40.35.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DDWM. Private Advisor Group LLC grew its stake in WisdomTree Dynamic International Equity Fund by 10.5% in the first quarter. Private Advisor Group LLC now owns 20,353 shares of the company’s stock valued at $749,000 after acquiring an additional 1,927 shares during the period. Cetera Investment Advisers boosted its position in shares of WisdomTree Dynamic International Equity Fund by 2.4% during the first quarter. Cetera Investment Advisers now owns 264,846 shares of the company’s stock worth $9,744,000 after buying an additional 6,272 shares during the period. Trivium Point Advisory LLC boosted its position in shares of WisdomTree Dynamic International Equity Fund by 23.0% during the first quarter. Trivium Point Advisory LLC now owns 18,833 shares of the company’s stock worth $693,000 after buying an additional 3,524 shares during the period. Steward Partners Investment Advisory LLC boosted its position in shares of WisdomTree Dynamic International Equity Fund by 13.8% during the first quarter. Steward Partners Investment Advisory LLC now owns 466,521 shares of the company’s stock worth $17,163,000 after buying an additional 56,404 shares during the period. Finally, Seek First Inc. acquired a new position in shares of WisdomTree Dynamic International Equity Fund during the first quarter worth about $324,000.

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.