WisdomTree International Equity Fund (NYSEARCA:DWM) Trading Up 1.7% – Here’s What Happened

WisdomTree International Equity Fund (NYSEARCA:DWM) shares shot up 1.7% during trading on Thursday . The stock traded as high as $55.76 and last traded at $55.76. 17,320 shares changed hands during trading, a decline of 37% from the average session volume of 27,328 shares. The stock had previously closed at $54.85.

WisdomTree International Equity Fund Stock Performance

The company has a 50 day moving average of $56.38 and a 200 day moving average of $55.53. The stock has a market capitalization of $568.17 million, a price-to-earnings ratio of 11.10 and a beta of 0.75.

Hedge Funds Weigh In On WisdomTree International Equity Fund

Hedge funds and other institutional investors have recently modified their holdings of the business. Shakespeare Wealth Management LLC raised its holdings in WisdomTree International Equity Fund by 3.0% in the 1st quarter. Shakespeare Wealth Management LLC now owns 438,004 shares of the company’s stock valued at $24,003,000 after acquiring an additional 12,902 shares during the last quarter. LRI Investments LLC acquired a new position in WisdomTree International Equity Fund in the 1st quarter valued at about $21,861,000. B. Riley Wealth Advisors Inc. grew its stake in shares of WisdomTree International Equity Fund by 29.5% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 66,687 shares of the company’s stock valued at $3,654,000 after buying an additional 15,204 shares during the period. Jane Street Group LLC grew its position in WisdomTree International Equity Fund by 177.3% in the first quarter. Jane Street Group LLC now owns 80,454 shares of the company’s stock worth $4,409,000 after acquiring an additional 51,441 shares during the period. Finally, Cetera Investment Advisers grew its holdings in shares of WisdomTree International Equity Fund by 84.3% during the 1st quarter. Cetera Investment Advisers now owns 37,196 shares of the company’s stock worth $2,038,000 after purchasing an additional 17,019 shares during the period.

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.