WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Sets New 1-Year High – Here’s Why

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) hit a new 52-week high on Tuesday . The company traded as high as $56.91 and last traded at $56.91, with a volume of 1150 shares traded. The stock had previously closed at $56.27.

WisdomTree Europe Hedged Equity Fund Trading Up 1.0%

The company has a market capitalization of $1.84 billion, a PE ratio of 15.27 and a beta of 0.75. The business’s fifty day moving average is $53.92 and its two-hundred day moving average is $53.66.

Hedge Funds Weigh In On WisdomTree Europe Hedged Equity Fund

A number of hedge funds have recently added to or reduced their stakes in HEDJ. Baird Financial Group Inc. raised its holdings in WisdomTree Europe Hedged Equity Fund by 8.5% in the 1st quarter. Baird Financial Group Inc. now owns 5,084 shares of the company’s stock worth $241,000 after acquiring an additional 400 shares during the last quarter. Jane Street Group LLC raised its holdings in WisdomTree Europe Hedged Equity Fund by 9.2% in the 1st quarter. Jane Street Group LLC now owns 92,850 shares of the company’s stock worth $4,409,000 after acquiring an additional 7,817 shares during the last quarter. Focus Partners Wealth raised its stake in WisdomTree Europe Hedged Equity Fund by 64.1% during the 1st quarter. Focus Partners Wealth now owns 17,344 shares of the company’s stock valued at $823,000 after buying an additional 6,774 shares during the last quarter. Cerity Partners LLC raised its stake in WisdomTree Europe Hedged Equity Fund by 86.1% during the 2nd quarter. Cerity Partners LLC now owns 29,025 shares of the company’s stock valued at $1,397,000 after buying an additional 13,432 shares during the last quarter. Finally, Raymond James Financial Inc. raised its stake in WisdomTree Europe Hedged Equity Fund by 34.9% during the 2nd quarter. Raymond James Financial Inc. now owns 374,190 shares of the company’s stock valued at $18,006,000 after buying an additional 96,825 shares during 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.