WisdomTree International Equity Fund (NYSEARCA:DWM) Sees Strong Trading Volume – Should You Buy?

WisdomTree International Equity Fund (NYSEARCA:DWM) shares saw unusually-high trading volume on Thursday . Approximately 52,269 shares were traded during trading, an increase of 25% from the previous session’s volume of 41,873 shares.The stock last traded at $55.73 and had previously closed at $55.16.

WisdomTree International Equity Fund Trading Down 0.6 %

The stock has a market cap of $574.22 million, a P/E ratio of 11.10 and a beta of 0.75. The stock has a 50 day simple moving average of $53.92 and a 200 day simple moving average of $55.03.

Institutional Trading of WisdomTree International Equity Fund

A number of hedge funds have recently added to or reduced their stakes in the stock. Merit Financial Group LLC grew its stake in shares of WisdomTree International Equity Fund by 0.7% in the fourth quarter. Merit Financial Group LLC now owns 27,792 shares of the company’s stock worth $1,465,000 after purchasing an additional 193 shares during the last quarter. New World Advisors LLC raised its holdings in shares of WisdomTree International Equity Fund by 6.8% during the third quarter. New World Advisors LLC now owns 4,454 shares of the company’s stock valued at $256,000 after purchasing an additional 283 shares during the period. FMR LLC raised its stake in WisdomTree International Equity Fund by 18.3% during the 3rd quarter. FMR LLC now owns 2,519 shares of the company’s stock worth $145,000 after buying an additional 390 shares during the period. Stratos Wealth Advisors LLC lifted its holdings in shares of WisdomTree International Equity Fund by 3.0% in the 4th quarter. Stratos Wealth Advisors LLC now owns 17,491 shares of the company’s stock worth $922,000 after purchasing an additional 506 shares in the last quarter. Finally, Darwin Wealth Management LLC acquired a new position in shares of WisdomTree International Equity Fund during the third quarter valued at about $44,000.

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.