WisdomTree Dynamic International Equity Fund (BATS:DDWM) Reaches New 12-Month High – Time to Buy?

WisdomTree Dynamic International Equity Fund (BATS:DDWM)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $43.1399 and last traded at $43.4650, with a volume of 119361 shares. The stock had previously closed at $42.98.

WisdomTree Dynamic International Equity Fund Stock Performance

The firm has a market cap of $696.54 million, a price-to-earnings ratio of 13.65 and a beta of 0.59. The business’s 50-day moving average is $42.49 and its 200-day moving average is $41.35.

Institutional Investors Weigh In On WisdomTree Dynamic International Equity Fund

Several hedge funds have recently bought and sold shares of the company. Park National Corp OH acquired a new position in WisdomTree Dynamic International Equity Fund during the second quarter worth approximately $104,188,000. Tcfg Wealth Management LLC raised its stake in WisdomTree Dynamic International Equity Fund by 3,704.3% in the 3rd quarter. Tcfg Wealth Management LLC now owns 1,225,786 shares of the company’s stock valued at $51,238,000 after acquiring an additional 1,193,565 shares during the period. Capital Asset Advisory Services LLC acquired a new stake in WisdomTree Dynamic International Equity Fund during the 3rd quarter valued at $46,482,000. Axxcess Wealth Management LLC acquired a new position in shares of WisdomTree Dynamic International Equity Fund in the third quarter valued at $46,449,000. Finally, Lido Advisors LLC bought a new position in shares of WisdomTree Dynamic International Equity Fund in the third quarter valued at about $18,501,000.

About WisdomTree Dynamic International Equity Fund

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.