WisdomTree International Equity Fund (NYSEARCA:DWM) Shares Up 0.5% – Here’s Why

WisdomTree International Equity Fund (NYSEARCA:DWM)’s stock price rose 0.5% on Thursday . The stock traded as high as $54.23 and last traded at $54.14. Approximately 8,525 shares were traded during trading, a decline of 68% from the average daily volume of 26,964 shares. The stock had previously closed at $53.85.

WisdomTree International Equity Fund Stock Performance

The firm has a market capitalization of $567.28 million, a price-to-earnings ratio of 11.10 and a beta of 0.75. The company has a fifty day moving average of $55.59 and a two-hundred day moving average of $55.49.

Hedge Funds Weigh In On WisdomTree International Equity Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DWM. Darwin Wealth Management LLC acquired a new position in WisdomTree International Equity Fund in the 3rd quarter valued at $44,000. Northwestern Mutual Wealth Management Co. raised its holdings in WisdomTree International Equity Fund by 164.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,124 shares of the company’s stock valued at $114,000 after acquiring an additional 1,320 shares in the last quarter. FMR LLC raised its holdings in WisdomTree International Equity Fund by 18.3% in the 3rd quarter. FMR LLC now owns 2,519 shares of the company’s stock valued at $145,000 after acquiring an additional 390 shares in the last quarter. Culbertson A N & Co. Inc. acquired a new position in WisdomTree International Equity Fund in the 3rd quarter valued at $213,000. Finally, New World Advisors LLC acquired a new position in WisdomTree International Equity Fund in the 2nd quarter valued at $224,000.

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.