WisdomTree International Equity Fund (NYSEARCA:DWM) Sees Unusually-High Trading Volume – Should You Buy?
by Scott Moore · The Cerbat GemWisdomTree International Equity Fund (NYSEARCA:DWM – Get Free Report) shares saw unusually-strong trading volume on Friday . Approximately 43,080 shares changed hands during mid-day trading, an increase of 152% from the previous session’s volume of 17,084 shares.The stock last traded at $73.1260 and had previously closed at $73.29.
WisdomTree International Equity Fund Stock Performance
The stock has a market cap of $661.28 million, a price-to-earnings ratio of 13.53 and a beta of 0.68. The company has a 50-day moving average of $71.93 and a 200-day moving average of $70.08.
Institutional Investors Weigh In On WisdomTree International Equity Fund
Institutional investors have recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC boosted its holdings in WisdomTree International Equity Fund by 8.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 331,892 shares of the company’s stock valued at $23,239,000 after purchasing an additional 26,509 shares in the last quarter. NewSquare Capital LLC boosted its holdings in WisdomTree International Equity Fund by 1.0% in the 3rd quarter. NewSquare Capital LLC now owns 66,955 shares of the company’s stock valued at $4,434,000 after purchasing an additional 631 shares in the last quarter. Focus Partners Advisor Solutions LLC purchased a new stake in WisdomTree International Equity Fund in the 3rd quarter valued at approximately $280,000. Cibc World Market Inc. boosted its holdings in WisdomTree International Equity Fund by 5.0% in the 3rd quarter. Cibc World Market Inc. now owns 51,015 shares of the company’s stock valued at $3,378,000 after purchasing an additional 2,452 shares in the last quarter. Finally, Stratos Wealth Advisors LLC boosted its holdings in WisdomTree International Equity Fund by 9.1% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 23,258 shares of the company’s stock valued at $1,540,000 after purchasing an additional 1,946 shares in the last quarter. Hedge funds and other 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.