WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Sees Large Volume Increase – Should You Buy?

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) shares saw strong trading volume on Wednesday . 62,787 shares were traded during trading, an increase of 54% from the previous session’s volume of 40,722 shares.The stock last traded at $53.9650 and had previously closed at $53.40.

WisdomTree Europe Hedged Equity Fund Stock Performance

The firm has a fifty day moving average of $52.80 and a 200-day moving average of $51.05. The stock has a market capitalization of $1.82 billion, a price-to-earnings ratio of 15.27 and a beta of 0.81.

Institutional Trading of WisdomTree Europe Hedged Equity Fund

A number of hedge funds have recently made changes to their positions in the company. SouthState Bank Corp purchased a new stake in WisdomTree Europe Hedged Equity Fund during the 3rd quarter worth $27,000. Cornerstone Planning Group LLC acquired a new position in shares of WisdomTree Europe Hedged Equity Fund in the third quarter worth about $47,000. First Horizon Corp purchased a new position in WisdomTree Europe Hedged Equity Fund in the third quarter valued at about $50,000. Front Row Advisors LLC purchased a new stake in WisdomTree Europe Hedged Equity Fund during the 2nd quarter worth approximately $54,000. Finally, AE Wealth Management LLC raised its position in shares of WisdomTree Europe Hedged Equity Fund by 165.8% in the 2nd quarter. AE Wealth Management LLC now owns 1,414 shares of the company’s stock valued at $68,000 after purchasing an additional 882 shares in the last quarter.

WisdomTree Europe Hedged Equity Fund Company Profile

WisdomTree Europe Hedged Equity Fund (the Fund), formerly WisdomTree International Hedged Equity Fund, is an exchange-traded fund. The Fund seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Europe Hedged Equity Index. The WisdomTree Europe Hedged Equity Index provides exposure to European equities while at the same time neutralizing exposure to fluctuations between the Euro and the United States dollar. The Index hedges against fluctuations in the relative value of the Euro against the United States dollar.