WisdomTree Dynamic International Equity Fund (BATS:DDWM) Sets New 52-Week High – Time to Buy?

Shares of WisdomTree Dynamic International Equity Fund (BATS:DDWM) hit a new 52-week high on Tuesday . The stock traded as high as $47.30 and last traded at $47.10, with a volume of 95627 shares trading hands. The stock had previously closed at $47.23.

WisdomTree Dynamic International Equity Fund Stock Up 0.9%

The stock has a fifty day moving average price of $45.20 and a 200-day moving average price of $43.11. The firm has a market cap of $761.13 million, a price-to-earnings ratio of 13.65 and a beta of 0.59.

Institutional Trading of WisdomTree Dynamic International Equity Fund

Several hedge funds have recently made changes to their positions in DDWM. Envestnet Asset Management Inc. boosted its holdings in shares of WisdomTree Dynamic International Equity Fund by 12.2% in the second quarter. Envestnet Asset Management Inc. now owns 575,872 shares of the company’s stock valued at $22,839,000 after acquiring an additional 62,845 shares in the last quarter. Atria Investments Inc lifted its position in WisdomTree Dynamic International Equity Fund by 2.6% in the second quarter. Atria Investments Inc now owns 140,800 shares of the company’s stock valued at $5,584,000 after purchasing an additional 3,537 shares during the period. Sigma Planning Corp lifted its position in WisdomTree Dynamic International Equity Fund by 48.0% in the second quarter. Sigma Planning Corp now owns 19,207 shares of the company’s stock valued at $762,000 after purchasing an additional 6,230 shares during the period. Foundations Investment Advisors LLC purchased a new stake in WisdomTree Dynamic International Equity Fund in the 2nd quarter valued at approximately $229,000. Finally, Cetera Investment Advisers increased its position in WisdomTree Dynamic International Equity Fund by 4.3% during the 2nd quarter. Cetera Investment Advisers now owns 276,351 shares of the company’s stock worth $10,960,000 after purchasing an additional 11,505 shares during the period.

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. DDWM was launched on Jan 7, 2016 and is managed by WisdomTree.