WisdomTree Dynamic Currency Hedged International Equity Fund (BATS:DDWM) Stock Price Up 7.3% – Should You Buy?

WisdomTree Dynamic Currency Hedged International Equity Fund (BATS:DDWM) shares shot up 7.3% during mid-day trading on Wednesday . The stock traded as high as $34.74 and last traded at $36.75. 172,779 shares were traded during trading, an increase of 241% from the average session volume of 50,661 shares. The stock had previously closed at $34.26.

WisdomTree Dynamic Currency Hedged International Equity Fund Stock Performance

The firm has a fifty day moving average price of $36.58 and a 200 day moving average price of $35.47. The company has a market cap of $362.10 million, a price-to-earnings ratio of 13.31 and a beta of 0.59.

Institutional Trading of WisdomTree Dynamic Currency Hedged International Equity Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Tidemark LLC increased its position in shares of WisdomTree Dynamic Currency Hedged International Equity Fund by 18.8% in the fourth quarter. Tidemark LLC now owns 320,765 shares of the company’s stock worth $11,028,000 after purchasing an additional 50,684 shares during the period. Captrust Financial Advisors acquired a new stake in WisdomTree Dynamic Currency Hedged International Equity Fund during the fourth quarter worth about $260,000. Finally, Flow Traders U.S. LLC bought a new position in WisdomTree Dynamic Currency Hedged International Equity Fund in the 3rd quarter valued at about $269,000.

About WisdomTree Dynamic Currency Hedged International Equity Fund

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.