WisdomTree International Equity Fund (NYSEARCA:DWM) Hits New 1-Year High – Here’s Why

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

WisdomTree International Equity Fund Price Performance

The company has a market cap of $668.93 million, a PE ratio of 13.53 and a beta of 0.71. The stock’s 50-day moving average is $68.71 and its 200 day moving average is $66.79.

Hedge Funds Weigh In On WisdomTree International Equity Fund

Institutional investors have recently modified their holdings of the business. Bank of America Corp DE raised its holdings in shares of WisdomTree International Equity Fund by 5.7% in the 3rd quarter. Bank of America Corp DE now owns 387,961 shares of the company’s stock valued at $25,690,000 after purchasing an additional 20,809 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings 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 purchasing an additional 26,509 shares during the period. Valmark Advisers Inc. raised its position in WisdomTree International Equity Fund by 0.8% during the 4th quarter. Valmark Advisers Inc. now owns 307,500 shares of the company’s stock worth $21,144,000 after buying an additional 2,531 shares during the last quarter. UBS Group AG increased its position in WisdomTree International Equity Fund by 0.4% during the 3rd quarter. UBS Group AG now owns 171,397 shares of the company’s stock worth $11,350,000 after purchasing an additional 678 shares during the period. Finally, Raymond James Financial Inc. raised its position in WisdomTree International Equity Fund by 1.7% in the third quarter. Raymond James Financial Inc. now owns 86,026 shares of the company’s stock worth $5,696,000 after acquiring an additional 1,433 shares in the last quarter. Institutional investors and hedge funds 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.