WisdomTree International Equity Fund (NYSEARCA:DWM) Sees Strong Trading Volume – Time to Buy?

WisdomTree International Equity Fund (NYSEARCA:DWMGet Free Report) saw unusually-strong trading volume on Monday . Approximately 87,242 shares traded hands during mid-day trading, an increase of 338% from the previous session’s volume of 19,934 shares.The stock last traded at $66.3370 and had previously closed at $66.46.

WisdomTree International Equity Fund Price Performance

The firm has a market cap of $610.05 million, a price-to-earnings ratio of 13.53 and a beta of 0.71. The business’s 50-day moving average price is $66.30 and its two-hundred day moving average price is $64.09.

Institutional Trading of WisdomTree International Equity Fund

Several hedge funds and other institutional investors have recently modified their holdings of DWM. AE Wealth Management LLC raised its holdings in WisdomTree International Equity Fund by 140.4% in the 2nd quarter. AE Wealth Management LLC now owns 428 shares of the company’s stock worth $27,000 after acquiring an additional 250 shares during the period. IFP Advisors Inc acquired a new position in shares of WisdomTree International Equity Fund in the second quarter valued at $32,000. Allworth Financial LP bought a new position in shares of WisdomTree International Equity Fund during the 2nd quarter worth about $50,000. WPG Advisers LLC bought a new position in WisdomTree International Equity Fund during the first quarter worth about $65,000. Finally, Blair William & Co. IL boosted its stake in WisdomTree International Equity Fund by 1,595.8% in the 1st quarter. Blair William & Co. IL now owns 2,035 shares of the company’s stock valued at $118,000 after buying an additional 1,915 shares in the last quarter. 67.46% of the stock is currently owned by hedge funds and other institutional investors.

WisdomTree International Equity Fund Company Profile

(Get Free Report)

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.

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