WisdomTree Dynamic International Equity Fund (BATS:DDWM) Shares Climb 0.2% – Here’s Why

Shares of WisdomTree Dynamic International Equity Fund (BATS:DDWM) shot up 0.2% during mid-day trading on Monday. The company traded as high as $45.93 and last traded at $45.83. Approximately 158,245 shares were traded during trading, an increase of 26% from the average session volume of 125,408 shares. The stock had previously closed at $45.76.

WisdomTree Dynamic International Equity Fund Price Performance

The firm has a fifty day simple moving average of $46.97 and a 200 day simple moving average of $46.24. The company has a market capitalization of $730.99 million, a price-to-earnings ratio of 13.65 and a beta of 0.59.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in DDWM. RFG Advisory LLC grew its stake in WisdomTree Dynamic International Equity Fund by 1.0% in the 2nd quarter. RFG Advisory LLC now owns 26,132 shares of the company’s stock valued at $1,207,000 after acquiring an additional 262 shares during the period. Cherry Tree Wealth Management LLC raised its position in WisdomTree Dynamic International Equity Fund by 7.9% during the second quarter. Cherry Tree Wealth Management LLC now owns 3,957 shares of the company’s stock worth $183,000 after acquiring an additional 290 shares during the period. Evolution Wealth Management Inc. lifted its holdings in WisdomTree Dynamic International Equity Fund by 2.6% during the first quarter. Evolution Wealth Management Inc. now owns 14,849 shares of the company’s stock valued at $655,000 after purchasing an additional 371 shares in the last quarter. Sigma Planning Corp lifted its holdings in WisdomTree Dynamic International Equity Fund by 2.3% during the first quarter. Sigma Planning Corp now owns 16,749 shares of the company’s stock valued at $739,000 after purchasing an additional 377 shares in the last quarter. Finally, Wellington Grp LLC purchased a new position in WisdomTree Dynamic International Equity Fund during the first quarter valued at $26,000.

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.