WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Share Price Breaks Below Two Hundred Day Moving Average – Should You Sell?

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) shares passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $53.03 and traded as low as $52.84. WisdomTree Emerging Markets High Dividend Fund shares last traded at $53.01, with a volume of 133,634 shares changing hands.

WisdomTree Emerging Markets High Dividend Fund Price Performance

The stock’s 50-day simple moving average is $55.43 and its 200 day simple moving average is $53.05. The stock has a market capitalization of $3.98 billion, a P/E ratio of 9.40 and a beta of 0.56.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of DEM. Bank of America Corp DE raised its position in WisdomTree Emerging Markets High Dividend Fund by 19.6% during the first quarter. Bank of America Corp DE now owns 7,100,731 shares of the company’s stock valued at $352,835,000 after purchasing an additional 1,165,485 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of WisdomTree Emerging Markets High Dividend Fund by 3.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,407,570 shares of the company’s stock valued at $75,713,000 after purchasing an additional 41,725 shares in the last quarter. Royal Bank of Canada boosted its holdings in shares of WisdomTree Emerging Markets High Dividend Fund by 4.7% in the 1st quarter. Royal Bank of Canada now owns 694,797 shares of the company’s stock valued at $34,526,000 after purchasing an additional 31,348 shares in the last quarter. Kestra Advisory Services LLC boosted its holdings in shares of WisdomTree Emerging Markets High Dividend Fund by 39.2% in the 1st quarter. Kestra Advisory Services LLC now owns 445,572 shares of the company’s stock valued at $22,140,000 after purchasing an additional 125,463 shares in the last quarter. Finally, Baird Financial Group Inc. increased its stake in shares of WisdomTree Emerging Markets High Dividend Fund by 7.4% in the 2nd quarter. Baird Financial Group Inc. now owns 287,923 shares of the company’s stock valued at $15,487,000 after purchasing an additional 19,873 shares during the last quarter. Institutional investors and hedge funds own 58.33% of the company’s stock.

WisdomTree Emerging Markets High Dividend Fund Company Profile

WisdomTree Emerging Markets Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Emerging Markets Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of the highest dividend yielding stocks selected from the WisdomTree Emerging Markets Dividend Index. At the index measurement date, companies within the WisdomTree Emerging Markets Dividend Index are ranked by dividend yield.