WisdomTree Dynamic International Equity Fund (BATS:DDWM) Sets New 52-Week High – Time to Buy?

Shares of WisdomTree Dynamic International Equity Fund (BATS:DDWM) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $44.01 and last traded at $43.9550, with a volume of 180371 shares changing hands. The stock had previously closed at $43.54.

WisdomTree Dynamic International Equity Fund Stock Up 0.9%

The firm’s 50-day simple moving average is $42.71 and its 200 day simple moving average is $41.56. The firm has a market cap of $701.00 million, a P/E ratio of 13.65 and a beta of 0.59.

Hedge Funds Weigh In On WisdomTree Dynamic International Equity Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Tcfg Wealth Management LLC lifted its stake in shares of WisdomTree Dynamic International Equity Fund by 3.6% in the 3rd quarter. Tcfg Wealth Management LLC now owns 33,368 shares of the company’s stock valued at $1,399,000 after acquiring an additional 1,147 shares during the last quarter. Bank of America Corp DE grew its holdings in WisdomTree Dynamic International Equity Fund by 12.7% in the 3rd quarter. Bank of America Corp DE now owns 604,384 shares of the company’s stock worth $25,263,000 after acquiring an additional 68,298 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of WisdomTree Dynamic International Equity Fund by 10.7% during the third quarter. Ameriprise Financial Inc. now owns 6,308 shares of the company’s stock valued at $264,000 after acquiring an additional 608 shares during the last quarter. Comerica Bank boosted its holdings in shares of WisdomTree Dynamic International Equity Fund by 19.4% during the third quarter. Comerica Bank now owns 1,806 shares of the company’s stock worth $75,000 after purchasing an additional 293 shares during the period. Finally, UBS Group AG grew its stake in shares of WisdomTree Dynamic International Equity Fund by 30.9% in the third quarter. UBS Group AG now owns 73,556 shares of the company’s stock worth $3,075,000 after purchasing an additional 17,359 shares during the last quarter.

WisdomTree Dynamic International Equity Fund Company Profile

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.