WisdomTree Dynamic Currency Hedged International Equity Fund (BATS:DDWM) Shares Up 3.9% – Should You Buy?

WisdomTree Dynamic Currency Hedged International Equity Fund (BATS:DDWM) shares shot up 3.9% during mid-day trading on Tuesday . The stock traded as high as $34.74 and last traded at $35.60. 172,779 shares were traded during mid-day trading, The stock had previously closed at $34.26.

WisdomTree Dynamic Currency Hedged International Equity Fund Stock Performance

The company’s 50 day moving average price is $34.60 and its 200-day moving average price is $34.90. The company has a market cap of $274.12 million, a price-to-earnings ratio of 11.12 and a beta of 0.63.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Flow Traders U.S. LLC acquired a new stake in shares of WisdomTree Dynamic Currency Hedged International Equity Fund during the third quarter worth approximately $269,000. NBC Securities Inc. boosted its holdings in shares of WisdomTree Dynamic Currency Hedged International Equity Fund by 37.3% during the third quarter. NBC Securities Inc. now owns 24,906 shares of the company’s stock worth $893,000 after purchasing an additional 6,762 shares during the period. Finally, Tidemark LLC boosted its holdings in shares of WisdomTree Dynamic Currency Hedged International Equity Fund by 162.3% during the third quarter. Tidemark LLC now owns 270,081 shares of the company’s stock worth $9,685,000 after purchasing an additional 167,122 shares during the period.

WisdomTree Dynamic Currency Hedged 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.