WisdomTree International Equity Fund (NYSEARCA:DWM) Reaches New 1-Year High – Time to Buy?

Shares of WisdomTree International Equity Fund (NYSEARCA:DWM) reached a new 52-week high during trading on Tuesday . The company traded as high as $72.96 and last traded at $72.7110, with a volume of 2931 shares. The stock had previously closed at $71.76.

WisdomTree International Equity Fund Stock Up 0.9%

The stock has a fifty day moving average of $69.15 and a two-hundred day moving average of $66.93. The stock has a market cap of $668.47 million, a price-to-earnings ratio of 13.53 and a beta of 0.71.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Flow Traders U.S. LLC grew its stake in WisdomTree International Equity Fund by 219.1% during the second quarter. Flow Traders U.S. LLC now owns 53,345 shares of the company’s stock worth $3,391,000 after buying an additional 36,630 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in shares of WisdomTree International Equity Fund by 8.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 331,892 shares of the company’s stock valued at $23,239,000 after buying an additional 26,509 shares in the last quarter. Bank of America Corp DE lifted its position in shares of WisdomTree International Equity Fund by 5.7% during the third quarter. Bank of America Corp DE now owns 387,961 shares of the company’s stock worth $25,690,000 after purchasing an additional 20,809 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in WisdomTree International Equity Fund during the 2nd quarter valued at $1,118,000. Finally, Cetera Investment Advisers grew its holdings in WisdomTree International Equity Fund by 30.3% during the 2nd quarter. Cetera Investment Advisers now owns 63,652 shares of the company’s stock valued at $4,046,000 after purchasing an additional 14,810 shares in the last quarter. Hedge funds and other institutional investors own 67.46% of the company’s stock.

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.