WisdomTree Dynamic International Equity Fund (BATS:DDWM) Hits New 12-Month High – Should You Buy?

WisdomTree Dynamic International Equity Fund (BATS:DDWM) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $43.1399 and last traded at $43.07, with a volume of 119361 shares trading hands. The stock had previously closed at $42.98.

WisdomTree Dynamic International Equity Fund Price Performance

The stock’s 50 day moving average is $42.23 and its 200-day moving average is $41.13. The company has a market capitalization of $685.93 million, a P/E ratio of 13.65 and a beta of 0.59.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in DDWM. Tcfg Wealth Management LLC grew its stake in WisdomTree Dynamic International Equity Fund by 3.6% in the third quarter. Tcfg Wealth Management LLC now owns 33,368 shares of the company’s stock worth $1,399,000 after purchasing an additional 1,147 shares during the period. Lido Advisors LLC purchased a new stake in shares of WisdomTree Dynamic International Equity Fund in the 3rd quarter worth about $18,501,000. Bank of America Corp DE grew its position in shares of WisdomTree Dynamic International Equity Fund by 12.7% in the 3rd quarter. Bank of America Corp DE now owns 604,384 shares of the company’s stock worth $25,263,000 after buying an additional 68,298 shares during the period. Ameriprise Financial Inc. increased its stake in shares of WisdomTree Dynamic International Equity Fund by 10.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 6,308 shares of the company’s stock worth $264,000 after acquiring an additional 608 shares in the last quarter. Finally, Comerica Bank lifted its position in WisdomTree Dynamic International Equity Fund by 19.4% during the 3rd quarter. Comerica Bank now owns 1,806 shares of the company’s stock valued at $75,000 after acquiring an additional 293 shares during the period.

WisdomTree Dynamic International Equity Fund Company Profile

The WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a dividend-weighted index of dividend-paying developed-market equities outside the US and Canada. The index dynamically hedges currency exposure for USD investors based on three equal-weighted signals.