WisdomTree International Equity Fund (NYSEARCA:DWM) Sees Strong Trading Volume – Here’s Why

Shares of WisdomTree International Equity Fund (NYSEARCA:DWM) saw strong trading volume on Friday . 43,080 shares were traded during trading, an increase of 152% from the previous session’s volume of 17,084 shares.The stock last traded at $73.1260 and had previously closed at $73.29.

WisdomTree International Equity Fund Price Performance

The stock has a market cap of $661.28 million, a P/E ratio of 13.53 and a beta of 0.67. The company has a fifty day moving average of $71.93 and a 200 day moving average of $70.11.

Institutional Investors Weigh In On WisdomTree International Equity Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DWM. MML Investors Services LLC bought a new stake in WisdomTree International Equity Fund during the fourth quarter worth approximately $6,129,000. Wells Fargo & Company MN raised its holdings in WisdomTree International Equity Fund by 19.7% during the fourth quarter. Wells Fargo & Company MN now owns 402,918 shares of the company’s stock worth $27,705,000 after purchasing an additional 66,308 shares in the last quarter. TopTier Wealth Management LLC bought a new stake in WisdomTree International Equity Fund during the fourth quarter worth approximately $2,216,000. Ferguson Wellman Capital Management Inc. bought a new stake in WisdomTree International Equity Fund during the first quarter worth approximately $2,090,000. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in WisdomTree International Equity Fund by 8.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 331,892 shares of the company’s stock worth $23,239,000 after purchasing an additional 26,509 shares in the last quarter. Institutional investors own 67.46% of the company’s stock.

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.