WisdomTree International Equity Fund (NYSEARCA:DWM) Hits New 52-Week High – Still a Buy?

Shares of WisdomTree International Equity Fund (NYSEARCA:DWM) reached a new 52-week high on Monday . The stock traded as high as $59.57 and last traded at $59.55, with a volume of 7221 shares changing hands. The stock had previously closed at $58.95.

WisdomTree International Equity Fund Trading Up 1.1 %

The firm has a market capitalization of $536.22 million, a price-to-earnings ratio of 13.92 and a beta of 0.81. The stock has a fifty day moving average price of $55.72 and a 200-day moving average price of $55.46.

Institutional Investors Weigh In On WisdomTree International Equity Fund

Several large investors have recently made changes to their positions in DWM. Merit Financial Group LLC increased 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 valued at $1,465,000 after buying an additional 193 shares in the last quarter. O Shaughnessy Asset Management LLC grew its holdings in WisdomTree International Equity Fund by 34.6% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 925 shares of the company’s stock worth $49,000 after acquiring an additional 238 shares during the last quarter. JPMorgan Chase & Co. increased its position in WisdomTree International Equity Fund by 1.4% in the 4th quarter. JPMorgan Chase & Co. now owns 18,507 shares of the company’s stock valued at $975,000 after acquiring an additional 252 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of WisdomTree International Equity Fund by 3.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 10,519 shares of the company’s stock worth $554,000 after acquiring an additional 341 shares during the last quarter. Finally, FMR LLC raised its stake in shares of WisdomTree International Equity Fund by 18.3% in the third quarter. FMR LLC now owns 2,519 shares of the company’s stock worth $145,000 after acquiring an additional 390 shares during the last quarter.

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.