WisdomTree Dynamic International Equity Fund (BATS:DDWM) Hits New 52-Week High – Here’s What Happened

WisdomTree Dynamic International Equity Fund (BATS:DDWM) shares reached a new 52-week high on Monday . The stock traded as high as $44.01 and last traded at $44.9560, with a volume of 180371 shares traded. The stock had previously closed at $43.54.

WisdomTree Dynamic International Equity Fund Stock Up 3.3%

The stock has a 50 day simple moving average of $42.92 and a 200 day simple moving average of $41.74. The company has a market capitalization of $717.27 million, a price-to-earnings ratio of 13.65 and a beta of 0.59.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Occidental Asset Management LLC raised its stake in WisdomTree Dynamic International Equity Fund by 0.3% during the 4th quarter. Occidental Asset Management LLC now owns 99,945 shares of the company’s stock valued at $4,352,000 after acquiring an additional 278 shares in the last quarter. Comerica Bank grew its stake in shares of WisdomTree Dynamic International Equity Fund by 19.4% in the third quarter. Comerica Bank now owns 1,806 shares of the company’s stock worth $75,000 after purchasing an additional 293 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of WisdomTree Dynamic International Equity Fund by 9.8% during 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. Perigon Wealth Management LLC raised its stake in shares of WisdomTree Dynamic International Equity Fund by 8.1% during the third quarter. Perigon Wealth Management LLC now owns 7,375 shares of the company’s stock valued at $308,000 after purchasing an additional 552 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of WisdomTree Dynamic International Equity Fund by 10.7% during the third quarter. Ameriprise Financial Inc. now owns 6,308 shares of the company’s stock valued at $264,000 after purchasing an additional 608 shares in the last quarter.

About WisdomTree Dynamic International Equity Fund

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.