WisdomTree International Equity Fund (NYSEARCA:DWM) Sees Large Volume Increase – Should You Buy?

Shares of WisdomTree International Equity Fund (NYSEARCA:DWM) saw unusually-high trading volume on Thursday . Approximately 52,269 shares were traded during mid-day trading, an increase of 25% from the previous session’s volume of 41,873 shares.The stock last traded at $55.73 and had previously closed at $55.16.

WisdomTree International Equity Fund Stock Up 0.3 %

The company has a market capitalization of $577.06 million, a price-to-earnings ratio of 11.10 and a beta of 0.75. The stock has a 50 day simple moving average of $53.89 and a 200 day simple moving average of $55.03.

Institutional Trading of WisdomTree International Equity Fund

Several hedge funds have recently bought and sold shares of DWM. Darwin Wealth Management LLC bought a new stake in shares of WisdomTree International Equity Fund during the third quarter valued at about $44,000. Northwestern Mutual Wealth Management Co. raised its position in shares of WisdomTree International Equity Fund by 164.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,124 shares of the company’s stock worth $114,000 after buying an additional 1,320 shares in the last quarter. FMR LLC lifted its stake in shares of WisdomTree International Equity Fund by 18.3% in the 3rd quarter. FMR LLC now owns 2,519 shares of the company’s stock worth $145,000 after acquiring an additional 390 shares during the period. Culbertson A N & Co. Inc. bought a new position in shares of WisdomTree International Equity Fund in the third quarter valued at approximately $213,000. Finally, Sanctuary Advisors LLC acquired a new position in shares of WisdomTree International Equity Fund during the fourth quarter valued at approximately $214,000.

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.