WisdomTree International Equity Fund (NYSEARCA:DWM) Sees Large Volume Increase – Here’s What Happened

WisdomTree International Equity Fund (NYSEARCA:DWM) saw unusually-strong trading volume on Thursday . Approximately 52,269 shares changed hands during mid-day 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 Price Performance

The firm 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 moving average of $53.92 and a 200 day moving average of $55.03.

Hedge Funds Weigh In On WisdomTree International Equity Fund

Several institutional investors and hedge funds have recently made changes to their positions in DWM. Northwestern Mutual Wealth Management Co. lifted its holdings in WisdomTree International Equity Fund by 164.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,124 shares of the company’s stock worth $114,000 after buying an additional 1,320 shares during the period. Cetera Investment Advisers increased its holdings in shares of WisdomTree International Equity Fund by 21.1% during the second quarter. Cetera Investment Advisers now owns 45,032 shares of the company’s stock valued at $2,419,000 after acquiring an additional 7,836 shares in the last quarter. Creative Planning raised its holdings in WisdomTree International Equity Fund by 8.6% in the third quarter. Creative Planning now owns 27,284 shares of the company’s stock worth $1,570,000 after buying an additional 2,150 shares during the last quarter. Culbertson A N & Co. Inc. bought a new position in WisdomTree International Equity Fund in the 3rd quarter valued at approximately $213,000. Finally, Smallwood Wealth Investment Management LLC lifted its holdings in shares of WisdomTree International Equity Fund by 4.0% during the third quarter. Smallwood Wealth Investment Management LLC now owns 51,697 shares of the company’s stock valued at $2,976,000 after purchasing an additional 2,009 shares in the last quarter.

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.