WisdomTree International Equity Fund (NYSEARCA:DWM) Sets New 12-Month High – Time to Buy?

WisdomTree International Equity Fund (NYSEARCA:DWM)’s share price hit a new 52-week high on Thursday . The stock traded as high as $69.61 and last traded at $69.61, with a volume of 7556 shares trading hands. The stock had previously closed at $69.29.

WisdomTree International Equity Fund Trading Up 0.5%

The company has a market cap of $640.41 million, a price-to-earnings ratio of 13.53 and a beta of 0.71. The firm has a 50-day moving average price of $67.20 and a 200 day moving average price of $65.66.

Institutional Trading of WisdomTree International Equity Fund

Several institutional investors have recently added to or reduced their stakes in DWM. AE Wealth Management LLC lifted its position in shares of WisdomTree International Equity Fund by 140.4% in the 2nd quarter. AE Wealth Management LLC now owns 428 shares of the company’s stock worth $27,000 after buying an additional 250 shares during the last quarter. IFP Advisors Inc acquired a new stake in WisdomTree International Equity Fund during the second quarter worth about $32,000. Allworth Financial LP bought a new position in WisdomTree International Equity Fund in the second quarter worth about $50,000. WPG Advisers LLC bought a new position in WisdomTree International Equity Fund in the first quarter worth about $65,000. Finally, Integrated Wealth Concepts LLC acquired a new position in WisdomTree International Equity Fund in the third quarter valued at approximately $67,000. Institutional investors own 67.46% of the company’s stock.

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.