WisdomTree Dynamic International Equity Fund (BATS:DDWM) Sets New 1-Year High – Still a Buy?

WisdomTree Dynamic International Equity Fund (BATS:DDWM)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $47.87 and last traded at $47.81, with a volume of 34172 shares. The stock had previously closed at $47.76.

WisdomTree Dynamic International Equity Fund Price Performance

The business has a fifty day simple moving average of $46.67 and a two-hundred day simple moving average of $46.02. The company has a market cap of $761.61 million, a PE ratio of 13.65 and a beta of 0.59.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. HRT Financial LP purchased a new position in WisdomTree Dynamic International Equity Fund in the fourth quarter valued at about $353,000. Summit Financial LLC bought a new position in WisdomTree Dynamic International Equity Fund in the fourth quarter worth about $332,000. Osaic Holdings Inc. lifted its position in shares of WisdomTree Dynamic International Equity Fund by 39.7% during the second quarter. Osaic Holdings Inc. now owns 7,864 shares of the company’s stock valued at $312,000 after buying an additional 2,234 shares during the last quarter. Comerica Bank lifted its position in shares of WisdomTree Dynamic International Equity Fund by 19.4% during the third quarter. Comerica Bank now owns 1,806 shares of the company’s stock valued at $75,000 after buying an additional 293 shares during the last quarter. Finally, Royal Bank of Canada boosted its holdings in shares of WisdomTree Dynamic International Equity Fund by 33.7% in the 1st quarter. Royal Bank of Canada now owns 8,475 shares of the company’s stock valued at $373,000 after buying an additional 2,137 shares in the last quarter.

About WisdomTree Dynamic International Equity Fund

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.