WisdomTree International Equity Fund (NYSEARCA:DWM) Sees Large Volume Increase – Still a Buy?

WisdomTree International Equity Fund (NYSEARCA:DWMGet Free Report) saw unusually-high trading volume on Friday . Approximately 19,853 shares were traded during mid-day trading, an increase of 26% from the previous session’s volume of 15,746 shares.The stock last traded at $73.4310 and had previously closed at $74.15.

WisdomTree International Equity Fund Price Performance

The company’s fifty day simple moving average is $72.87 and its 200-day simple moving average is $71.29. The firm has a market capitalization of $660.51 million, a PE ratio of 13.53 and a beta of 0.66.

Hedge Funds Weigh In On WisdomTree International Equity Fund

Several institutional investors and hedge funds have recently bought and sold shares of DWM. Empowered Funds LLC acquired a new stake in shares of WisdomTree International Equity Fund during the fourth quarter worth $33,000. Integrated Wealth Concepts LLC acquired a new stake in shares of WisdomTree International Equity Fund during the third quarter worth $67,000. Advisory Services Network LLC acquired a new stake in shares of WisdomTree International Equity Fund during the third quarter worth $79,000. American Trust acquired a new stake in shares of WisdomTree International Equity Fund during the third quarter worth $204,000. Finally, NBC Securities Inc. lifted its stake in shares of WisdomTree International Equity Fund by 5.8% during the fourth quarter. NBC Securities Inc. now owns 2,975 shares of the company’s stock worth $205,000 after buying an additional 164 shares during the period. 67.46% of the stock is owned by hedge funds and other institutional investors.

About WisdomTree International Equity Fund

(Get Free Report)

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.

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