WisdomTree International Equity Fund (NYSEARCA:DWM) Hits New 52-Week High – What’s Next?

WisdomTree International Equity Fund (NYSEARCA:DWM)’s stock price reached a new 52-week high on Monday . The stock traded as high as $75.74 and last traded at $75.1610, with a volume of 1736 shares changing hands. The stock had previously closed at $75.18.

WisdomTree International Equity Fund Stock Up 1.1%

The company’s 50-day moving average is $71.68 and its two-hundred day moving average is $68.32. The company has a market capitalization of $699.02 million, a P/E ratio of 13.53 and a beta of 0.71.

Institutional Trading of WisdomTree International Equity Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the company. AE Wealth Management LLC grew its stake in shares of WisdomTree International Equity Fund by 140.4% during the second quarter. AE Wealth Management LLC now owns 428 shares of the company’s stock valued at $27,000 after buying an additional 250 shares during the last quarter. Empowered Funds LLC purchased a new stake in WisdomTree International Equity Fund during the 4th quarter valued at about $33,000. Allworth Financial LP purchased a new stake in WisdomTree International Equity Fund during the 2nd quarter valued at about $50,000. Integrated Wealth Concepts LLC bought a new position in WisdomTree International Equity Fund during the 3rd quarter worth approximately $67,000. Finally, Advisory Services Network LLC purchased a new position in WisdomTree International Equity Fund in the 3rd quarter worth approximately $79,000. Hedge funds and other institutional investors 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.