WisdomTree Dynamic International Equity Fund (BATS:DDWM) Trading Down 1% – Here’s Why

Shares of WisdomTree Dynamic International Equity Fund (BATS:DDWM) traded down 1% on Tuesday . The company traded as low as $46.41 and last traded at $46.46. Approximately 42,692 shares traded hands during trading, a decline of 69% from the average session volume of 139,755 shares. The stock had previously closed at $46.91.

WisdomTree Dynamic International Equity Fund Price Performance

The company has a 50-day simple moving average of $46.26 and a 200-day simple moving average of $45.51. The stock has a market cap of $741.04 million, a PE ratio of 13.65 and a beta of 0.59.

Hedge Funds Weigh In On WisdomTree Dynamic International Equity Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. Trilogy Capital Inc. lifted its stake in shares of WisdomTree Dynamic International Equity Fund by 60.8% in the second quarter. Trilogy Capital Inc. now owns 100,250 shares of the company’s stock valued at $4,630,000 after purchasing an additional 37,910 shares during the period. Western Wealth Management LLC purchased a new stake in WisdomTree Dynamic International Equity Fund during the first quarter worth about $363,000. NewEdge Advisors LLC acquired a new position in WisdomTree Dynamic International Equity Fund during the first quarter worth about $4,893,000. Wellington Grp LLC acquired a new position in WisdomTree Dynamic International Equity Fund during the first quarter worth about $26,000. Finally, Bank of America Corp DE increased its holdings in WisdomTree Dynamic International Equity Fund by 16.6% in the first quarter. Bank of America Corp DE now owns 1,028,863 shares of the company’s stock valued at $45,383,000 after buying an additional 146,280 shares in the last quarter.

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. DDWM was launched on Jan 7, 2016 and is managed by WisdomTree.