WisdomTree Emerging Markets SmallCap Dividend Fund (NYSEARCA:DGS) Hits New 52-Week High – Still a Buy?

WisdomTree Emerging Markets SmallCap Dividend Fund (NYSEARCA:DGS) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $65.82 and last traded at $65.7660, with a volume of 21853 shares. The stock had previously closed at $64.96.

WisdomTree Emerging Markets SmallCap Dividend Fund Stock Up 1.3%

The company’s 50-day moving average is $62.02 and its 200 day moving average is $59.88. The company has a market cap of $1.83 billion, a price-to-earnings ratio of 13.02 and a beta of 0.61.

Institutional Investors Weigh In On WisdomTree Emerging Markets SmallCap Dividend Fund

A number of institutional investors have recently modified their holdings of the business. Ameriprise Financial Inc. raised its holdings in WisdomTree Emerging Markets SmallCap Dividend Fund by 17.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 142,764 shares of the exchange traded fund’s stock worth $7,886,000 after purchasing an additional 20,916 shares during the period. Janney Montgomery Scott LLC increased its position in shares of WisdomTree Emerging Markets SmallCap Dividend Fund by 38.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 47,399 shares of the exchange traded fund’s stock valued at $2,713,000 after buying an additional 13,226 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of WisdomTree Emerging Markets SmallCap Dividend Fund by 152.6% in the third quarter. JPMorgan Chase & Co. now owns 3,193 shares of the exchange traded fund’s stock valued at $182,000 after buying an additional 1,929 shares in the last quarter. Russell Investments Group Ltd. acquired a new position in shares of WisdomTree Emerging Markets SmallCap Dividend Fund during the 2nd quarter worth approximately $130,000. Finally, Atlas Capital Advisors Inc. acquired a new position in shares of WisdomTree Emerging Markets SmallCap Dividend Fund during the 4th quarter worth approximately $37,000.

About WisdomTree Emerging Markets SmallCap Dividend Fund

WisdomTree Emerging Markets SmallCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Emerging Markets SmallCap Dividend Index (the Index). The Index is a fundamentally weighted index that measures the performance of primarily small-cap stocks selected from the WisdomTree Emerging Markets Dividend Index. Companies included in the Index fall within the bottom 10% of total market capitalization of the WisdomTree Emerging Markets Dividend Index as of the annual index measurement date.