WisdomTree International Equity Fund (NYSEARCA:DWM) Sets New 52-Week High – Here’s Why

Shares of WisdomTree International Equity Fund (NYSEARCA:DWM) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $67.82 and last traded at $67.8020, with a volume of 4467 shares traded. The stock had previously closed at $67.43.

WisdomTree International Equity Fund Trading Down 0.2%

The firm has a market capitalization of $617.50 million, a price-to-earnings ratio of 13.53 and a beta of 0.71. The stock has a fifty day moving average of $66.54 and a 200-day moving average of $64.56.

Institutional Investors Weigh In On WisdomTree International Equity Fund

Several large investors have recently modified their holdings of DWM. Kondo Wealth Advisors Inc. increased its holdings in shares of WisdomTree International Equity Fund by 1.0% in the first quarter. Kondo Wealth Advisors Inc. now owns 18,170 shares of the company’s stock valued at $1,057,000 after purchasing an additional 176 shares during the last quarter. AE Wealth Management LLC lifted its holdings in WisdomTree International Equity Fund by 140.4% during the 2nd 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 period. Janney Montgomery Scott LLC lifted its position in shares of WisdomTree International Equity Fund by 0.8% in the 2nd quarter. Janney Montgomery Scott LLC now owns 30,354 shares of the company’s stock worth $1,929,000 after purchasing an additional 255 shares during the period. Merit Financial Group LLC grew its stake in WisdomTree International Equity Fund by 0.6% during the third quarter. Merit Financial Group LLC now owns 47,209 shares of the company’s stock worth $3,126,000 after purchasing an additional 291 shares during the period. Finally, Jones Financial Companies Lllp raised its holdings in shares of WisdomTree International Equity Fund by 5.6% during the third quarter. Jones Financial Companies Lllp now owns 6,963 shares of the company’s stock valued at $458,000 after purchasing an additional 369 shares during the period. 67.46% of the stock is currently owned by institutional investors.

About WisdomTree International Equity Fund

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.