WisdomTree International Equity Fund (NYSEARCA:DWM) Hits New 52-Week High – What’s Next?

WisdomTree International Equity Fund (NYSEARCA:DWM) shares reached a new 52-week high on Wednesday . The company traded as high as $62.66 and last traded at $62.62, with a volume of 16363 shares traded. The stock had previously closed at $62.24.

WisdomTree International Equity Fund Stock Up 0.6%

The stock has a market capitalization of $563.58 million, a PE ratio of 13.52 and a beta of 0.73. The stock’s 50 day moving average price is $58.77 and its 200-day moving average price is $56.24.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Westside Investment Management Inc. bought a new stake in WisdomTree International Equity Fund during the first quarter valued at about $47,000. O Shaughnessy Asset Management LLC raised its stake in WisdomTree International Equity Fund by 34.6% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 925 shares of the company’s stock valued at $49,000 after purchasing an additional 238 shares during the period. WPG Advisers LLC bought a new stake in WisdomTree International Equity Fund during the 1st quarter valued at approximately $65,000. Blair William & Co. IL lifted its holdings 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 worth $118,000 after purchasing an additional 1,915 shares in the last quarter. Finally, NBC Securities Inc. boosted its stake in WisdomTree International Equity Fund by 106,833.3% in the 1st quarter. NBC Securities Inc. now owns 3,208 shares of the company’s stock worth $186,000 after purchasing an additional 3,205 shares during the period.

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.