WisdomTree Dynamic Currency Hedged International Equity Fund (BATS:DDWM) Shares Up 7.3% – Here’s What Happened

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

WisdomTree Dynamic Currency Hedged International Equity Fund Stock Performance

The company’s fifty day simple moving average is $36.58 and its two-hundred day simple moving average is $35.47. The company has a market capitalization 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

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Flow Traders U.S. LLC acquired a new stake in shares of WisdomTree Dynamic Currency Hedged International Equity Fund in the third quarter worth about $269,000. Tidemark LLC boosted its position in WisdomTree Dynamic Currency Hedged International Equity Fund by 18.8% during 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. Finally, Captrust Financial Advisors bought a new stake in WisdomTree Dynamic Currency Hedged International Equity Fund during the fourth quarter worth approximately $260,000.

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.