WisdomTree International Equity Fund (NYSEARCA:DWM) Reaches New 52-Week High – Should You Buy?

WisdomTree International Equity Fund (NYSEARCA:DWM) reached a new 52-week high during trading on Friday . The stock traded as high as $61.03 and last traded at $61.02, with a volume of 5201 shares traded. The stock had previously closed at $60.23.

WisdomTree International Equity Fund Stock Performance

The firm has a market cap of $549.36 million, a PE ratio of 13.42 and a beta of 0.71. The stock has a 50-day simple moving average of $57.95 and a two-hundred day simple moving average of $55.77.

Institutional Investors Weigh In On WisdomTree International Equity Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Key Financial Inc boosted its position in WisdomTree International Equity Fund by 18.6% in the first quarter. Key Financial Inc now owns 54,300 shares of the company’s stock worth $3,158,000 after purchasing an additional 8,517 shares during the last quarter. CWM LLC boosted its holdings in shares of WisdomTree International Equity Fund by 82.5% in the first quarter. CWM LLC now owns 4,371 shares of the company’s stock worth $254,000 after buying an additional 1,976 shares during the last quarter. Stratos Wealth Advisors LLC grew its position in WisdomTree International Equity Fund by 16.3% during the first quarter. Stratos Wealth Advisors LLC now owns 20,340 shares of the company’s stock valued at $1,183,000 after buying an additional 2,849 shares during the period. Smallwood Wealth Investment Management LLC increased its holdings in WisdomTree International Equity Fund by 4.6% during the first quarter. Smallwood Wealth Investment Management LLC now owns 56,137 shares of the company’s stock valued at $3,265,000 after buying an additional 2,483 shares during the last quarter. Finally, Essex LLC bought a new position in WisdomTree International Equity Fund in the first quarter worth approximately $250,000.

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.