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

WisdomTree International Equity Fund (NYSEARCA:DWM) shares saw an uptick in trading volume on Friday . 25,526 shares changed hands during mid-day trading, an increase of 84% from the previous session’s volume of 13,871 shares.The stock last traded at $76.53 and had previously closed at $76.37.

WisdomTree International Equity Fund Stock Down 0.1%

The company’s 50 day moving average price is $74.75 and its 200-day moving average price is $73.55. The stock has a market cap of $690.42 million, a P/E ratio of 13.53 and a beta of 0.66.

Institutional Trading of WisdomTree International Equity Fund

Institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada raised its position in WisdomTree International Equity Fund by 0.8% during the 1st quarter. Royal Bank of Canada now owns 17,177 shares of the company’s stock worth $1,200,000 after purchasing an additional 141 shares during the last quarter. Geneos Wealth Management Inc. grew its position in shares of WisdomTree International Equity Fund by 0.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 26,528 shares of the company’s stock valued at $1,854,000 after buying an additional 184 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of WisdomTree International Equity Fund by 5.1% in the third quarter. Ameriprise Financial Inc. now owns 3,931 shares of the company’s stock valued at $260,000 after buying an additional 189 shares during the period. Intrua Financial LLC increased its stake in shares of WisdomTree International Equity Fund by 3.1% in the fourth quarter. Intrua Financial LLC now owns 12,636 shares of the company’s stock valued at $869,000 after buying an additional 375 shares during the period. Finally, Stifel Financial Corp raised its position in shares of WisdomTree International Equity Fund by 3.3% during the fourth quarter. Stifel Financial Corp now owns 13,705 shares of the company’s stock worth $942,000 after acquiring an additional 436 shares during the last quarter. 67.46% of the stock is currently owned by institutional investors and hedge funds.

About WisdomTree International Equity Fund

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.