WisdomTree International Equity Fund (NYSEARCA:DWM) Sets New 1-Year High – What’s Next?

WisdomTree International Equity Fund (NYSEARCA:DWM)’s stock price reached a new 52-week high on Thursday . The company traded as high as $69.61 and last traded at $69.61, with a volume of 7556 shares changing hands. The stock had previously closed at $69.29.

WisdomTree International Equity Fund Price Performance

The stock has a 50-day moving average price of $67.20 and a 200-day moving average price of $65.66. The firm has a market capitalization of $640.41 million, a PE ratio of 13.53 and a beta of 0.71.

Hedge Funds Weigh In On WisdomTree International Equity Fund

Institutional investors and hedge funds have recently made changes to their positions in the business. AE Wealth Management LLC increased its stake in shares of WisdomTree International Equity Fund by 140.4% in the second quarter. AE Wealth Management LLC now owns 428 shares of the company’s stock worth $27,000 after buying an additional 250 shares during the last quarter. IFP Advisors Inc acquired a new position in WisdomTree International Equity Fund during the 2nd quarter worth $32,000. Allworth Financial LP bought a new stake in shares of WisdomTree International Equity Fund in the 2nd quarter worth about $50,000. WPG Advisers LLC acquired a new stake in shares of WisdomTree International Equity Fund in the 1st quarter valued at about $65,000. Finally, Integrated Wealth Concepts LLC bought a new position in shares of WisdomTree International Equity Fund during the third quarter worth about $67,000. 67.46% of the stock is currently 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.