WisdomTree International Equity Fund (NYSEARCA:DWM) Shares Down 0.2% – Should You Sell?

WisdomTree International Equity Fund (NYSEARCA:DWM)’s share price dropped 0.2% during mid-day trading on Friday . The stock traded as low as $73.92 and last traded at $73.94. Approximately 4,403 shares traded hands during trading, a decline of 73% from the average daily volume of 16,118 shares. The stock had previously closed at $74.11.

WisdomTree International Equity Fund Stock Performance

The firm’s fifty day simple moving average is $72.03 and its 200-day simple moving average is $70.79. The stock has a market cap of $669.16 million, a P/E ratio of 13.53 and a beta of 0.67.

Institutional Trading of WisdomTree International Equity Fund

Several hedge funds have recently modified their holdings of the stock. Royal Bank of Canada increased its stake in shares of WisdomTree International Equity Fund by 0.8% in the 1st quarter. Royal Bank of Canada now owns 17,177 shares of the company’s stock valued at $1,200,000 after acquiring an additional 141 shares in the last quarter. NBC Securities Inc. increased its stake in shares of WisdomTree International Equity Fund by 5.8% in the 4th quarter. NBC Securities Inc. now owns 2,975 shares of the company’s stock valued at $205,000 after acquiring an additional 164 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in shares of WisdomTree International Equity Fund by 0.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 26,528 shares of the company’s stock valued at $1,854,000 after acquiring an additional 184 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of WisdomTree International Equity Fund by 5.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,931 shares of the company’s stock valued at $260,000 after acquiring an additional 189 shares in the last quarter. Finally, Merit Financial Group LLC increased its stake in shares of WisdomTree International Equity Fund by 0.5% in the 4th quarter. Merit Financial Group LLC now owns 47,431 shares of the company’s stock valued at $3,261,000 after acquiring an additional 222 shares in the last quarter. Institutional investors own 67.46% of the company’s stock.

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.