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

WisdomTree International Equity Fund (NYSEARCA:DWM)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $84.37 and last traded at $76.7750, with a volume of 4936 shares traded. The stock had previously closed at $76.54.

WisdomTree International Equity Fund Trading Up 0.2%

The firm has a market cap of $694.23 million, a PE ratio of 13.53 and a beta of 0.66. The stock’s 50 day moving average price is $74.16 and its 200 day moving average price is $73.23.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in DWM. MML Investors Services LLC bought a new stake in WisdomTree International Equity Fund in the fourth quarter valued at $6,129,000. Wells Fargo & Company MN increased its holdings in shares of WisdomTree International Equity Fund by 19.7% in 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 during the period. Phillip James Consulting Co. acquired a new stake in shares of WisdomTree International Equity Fund in the 1st quarter worth about $2,605,000. TopTier Wealth Management LLC bought a new stake in WisdomTree International Equity Fund in the 4th quarter valued at about $2,216,000. Finally, Ferguson Wellman Capital Management Inc. bought a new stake in WisdomTree International Equity Fund in the 1st quarter valued at about $2,090,000. 67.46% of the stock is owned by hedge funds and other institutional investors.

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.