WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Reaches New 12-Month High – Here’s What Happened

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) shares hit a new 52-week high during trading on Friday . The company traded as high as $52.72 and last traded at $52.6950, with a volume of 35518 shares. The stock had previously closed at $51.96.

WisdomTree Emerging Markets High Dividend Fund Price Performance

The stock has a market cap of $3.77 billion, a P/E ratio of 9.40 and a beta of 0.54. The business’s 50 day simple moving average is $50.32 and its 200 day simple moving average is $48.11.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Jones Financial Companies Lllp raised its position in WisdomTree Emerging Markets High Dividend Fund by 122.6% in the 1st quarter. Jones Financial Companies Lllp now owns 19,346 shares of the company’s stock worth $814,000 after purchasing an additional 10,656 shares during the last quarter. Brown Advisory Inc. raised its position in WisdomTree Emerging Markets High Dividend Fund by 37.5% in the 2nd quarter. Brown Advisory Inc. now owns 6,857 shares of the company’s stock worth $311,000 after purchasing an additional 1,869 shares during the last quarter. Raymond James Financial Inc. raised its position in WisdomTree Emerging Markets High Dividend Fund by 10.2% in the 2nd quarter. Raymond James Financial Inc. now owns 592,480 shares of the company’s stock worth $26,833,000 after purchasing an additional 54,959 shares during the last quarter. Ausdal Financial Partners Inc. bought a new position in WisdomTree Emerging Markets High Dividend Fund in the 2nd quarter worth approximately $202,000. Finally, EP Wealth Advisors LLC bought a new position in WisdomTree Emerging Markets High Dividend Fund in the 2nd quarter worth approximately $157,000. Institutional investors own 58.33% of the company’s stock.

About WisdomTree Emerging Markets High Dividend Fund

WisdomTree Emerging Markets Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Emerging Markets Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of the highest dividend yielding stocks selected from the WisdomTree Emerging Markets Dividend Index. At the index measurement date, companies within the WisdomTree Emerging Markets Dividend Index are ranked by dividend yield.