WisdomTree International Equity Fund (NYSEARCA:DWM) Trading 0.6% Higher – Should You Buy?

Shares of WisdomTree International Equity Fund (NYSEARCA:DWM) were up 0.6% during trading on Monday . The company traded as high as $75.18 and last traded at $74.84. Approximately 8,393 shares changed hands during mid-day trading, a decline of 40% from the average session volume of 14,008 shares. The stock had previously closed at $74.37.

WisdomTree International Equity Fund Trading Up 0.6%

The company’s fifty day simple moving average is $75.39 and its 200 day simple moving average is $73.64. The stock has a market capitalization of $677.30 million, a P/E ratio of 13.53 and a beta of 0.67.

Institutional Investors Weigh In On WisdomTree International Equity Fund

Hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada lifted its position in WisdomTree International Equity Fund by 0.8% in the first quarter. Royal Bank of Canada now owns 17,177 shares of the company’s stock valued at $1,200,000 after purchasing an additional 141 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of WisdomTree International Equity Fund by 0.7% in the first quarter. Geneos Wealth Management Inc. now owns 26,528 shares of the company’s stock worth $1,854,000 after purchasing an additional 184 shares during the last quarter. Allworth Financial LP increased its stake in shares of WisdomTree International Equity Fund by 48.3% in the second quarter. Allworth Financial LP now owns 1,228 shares of the company’s stock worth $90,000 after buying an additional 400 shares during the period. NewEdge Advisors LLC increased its stake in shares of WisdomTree International Equity Fund by 8.7% in the first quarter. NewEdge Advisors LLC now owns 5,569 shares of the company’s stock worth $389,000 after buying an additional 445 shares during the period. Finally, Private Advisor Group LLC increased its stake in shares of WisdomTree International Equity Fund by 12.0% in the first quarter. Private Advisor Group LLC now owns 5,832 shares of the company’s stock worth $408,000 after buying an additional 624 shares during the period. 67.46% of the stock is currently owned by institutional investors.

WisdomTree International Equity Fund Company Profile

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.