WisdomTree International Equity Fund (NYSEARCA:DWM) Sees Unusually-High Trading Volume – Here’s What Happened

WisdomTree International Equity Fund (NYSEARCA:DWMGet Free Report) shares saw strong trading volume on Wednesday . 33,927 shares were traded during trading, an increase of 133% from the previous session’s volume of 14,590 shares.The stock last traded at $73.74 and had previously closed at $74.14.

WisdomTree International Equity Fund Trading Up 2.1%

The firm has a market cap of $681.37 million, a PE ratio of 13.53 and a beta of 0.67. The firm has a 50 day moving average price of $73.80 and a 200-day moving average price of $72.88.

Institutional Investors Weigh In On WisdomTree International Equity Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the company. MML Investors Services LLC purchased a new position in WisdomTree International Equity Fund in the fourth quarter valued at $6,129,000. Wells Fargo & Company MN raised its position in shares of WisdomTree International Equity Fund by 19.7% during the 4th quarter. Wells Fargo & Company MN now owns 402,918 shares of the company’s stock worth $27,705,000 after acquiring an additional 66,308 shares in the last quarter. Phillip James Consulting Co. purchased a new stake in WisdomTree International Equity Fund during the first quarter worth approximately $2,605,000. TopTier Wealth Management LLC acquired a new position in WisdomTree International Equity Fund in the fourth quarter valued at approximately $2,216,000. Finally, Ferguson Wellman Capital Management Inc. purchased a new position in WisdomTree International Equity Fund in the first quarter valued at approximately $2,090,000. 67.46% of the stock is currently owned by institutional investors and hedge funds.

About WisdomTree International Equity Fund

(Get Free Report)

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.

Further Reading

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