WisdomTree International Equity Fund (NYSEARCA:DWM) Sets New 52-Week High – Still a Buy?

WisdomTree International Equity Fund (NYSEARCA:DWM) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $62.66 and last traded at $62.62, with a volume of 16363 shares changing hands. The stock had previously closed at $62.24.

WisdomTree International Equity Fund Stock Performance

The stock has a fifty day simple moving average of $58.89 and a two-hundred day simple moving average of $56.33. The stock has a market capitalization of $560.25 million, a price-to-earnings ratio of 13.52 and a beta of 0.73.

Institutional Investors Weigh In On WisdomTree International Equity Fund

Several large investors have recently added to or reduced their stakes in DWM. Westside Investment Management Inc. bought a new stake in WisdomTree International Equity Fund in the first quarter valued at $47,000. O Shaughnessy Asset Management LLC raised its stake in shares of WisdomTree International Equity Fund by 34.6% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 925 shares of the company’s stock worth $49,000 after purchasing an additional 238 shares during the last quarter. WPG Advisers LLC purchased a new stake in shares of WisdomTree International Equity Fund in the first quarter worth approximately $65,000. Blair William & Co. IL lifted its holdings in shares of WisdomTree International Equity Fund by 1,595.8% in the first quarter. Blair William & Co. IL now owns 2,035 shares of the company’s stock valued at $118,000 after purchasing an additional 1,915 shares in the last quarter. Finally, NBC Securities Inc. boosted its position in shares of WisdomTree International Equity Fund by 106,833.3% during the first quarter. NBC Securities Inc. now owns 3,208 shares of the company’s stock valued at $186,000 after buying an additional 3,205 shares during the last quarter.

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.