WisdomTree International Equity Fund (NYSEARCA:DWM) Hits New 1-Year High – Time to Buy?

WisdomTree International Equity Fund (NYSEARCA:DWM) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $63.50 and last traded at $63.49, with a volume of 7558 shares trading hands. The stock had previously closed at $63.35.

WisdomTree International Equity Fund Trading Down 0.0%

The stock has a market cap of $569.97 million, a P/E ratio of 13.52 and a beta of 0.72. The company’s fifty day simple moving average is $59.74 and its 200-day simple moving average is $57.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Westside Investment Management Inc. acquired a new stake in shares of WisdomTree International Equity Fund during the first quarter worth about $47,000. O Shaughnessy Asset Management LLC increased its position in WisdomTree International Equity Fund by 34.6% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 925 shares of the company’s stock worth $49,000 after buying an additional 238 shares during the last quarter. WPG Advisers LLC bought a new position in WisdomTree International Equity Fund during the first quarter worth $65,000. Blair William & Co. IL boosted its holdings in shares of WisdomTree International Equity Fund by 1,595.8% during the 1st quarter. Blair William & Co. IL now owns 2,035 shares of the company’s stock worth $118,000 after buying an additional 1,915 shares during the period. Finally, NBC Securities Inc. grew its position in shares of WisdomTree International Equity Fund by 106,833.3% in the first quarter. NBC Securities Inc. now owns 3,208 shares of the company’s stock valued at $186,000 after purchasing an additional 3,205 shares during the last quarter.

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.