WisdomTree India Hedged Equity Fund (NASDAQ:INDH) Shares Down 0.2% – What’s Next?

WisdomTree India Hedged Equity Fund (NASDAQ:INDH)’s stock price dropped 0.2% during mid-day trading on Thursday . The stock traded as low as $39.20 and last traded at $39.4650. Approximately 381 shares traded hands during trading, a decline of 76% from the average daily volume of 1,612 shares. The stock had previously closed at $39.53.

WisdomTree India Hedged Equity Fund Trading Down 0.7%

The company has a 50-day moving average of $39.20 and a 200-day moving average of $41.08. The firm has a market capitalization of $5.88 million, a P/E ratio of 26.53 and a beta of 0.48.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in INDH. Citadel Advisors LLC bought a new position in shares of WisdomTree India Hedged Equity Fund in the 3rd quarter worth about $828,000. Susquehanna International Group LLP raised its position in shares of WisdomTree India Hedged Equity Fund by 14.1% in the 3rd quarter. Susquehanna International Group LLP now owns 26,595 shares of the company’s stock worth $1,127,000 after acquiring an additional 3,284 shares in the last quarter. Finally, Leo Wealth LLC raised its position in shares of WisdomTree India Hedged Equity Fund by 5.3% in the 4th quarter. Leo Wealth LLC now owns 6,153 shares of the company’s stock worth $261,000 after acquiring an additional 307 shares in the last quarter.

WisdomTree India Hedged Equity Fund Company Profile

The WisdomTree India Hedged Equity Fund (INDH) is an exchange-traded fund that is based on the WisdomTree India Hedged Equity index. The fund tracks a market-cap weighted index comprised of the 75 largest companies in India. The fund employs currency hedging strategies to protect against fluctuations between the Indian Rupee and the US Dollar INDH was launched on May 9, 2024 and is issued by WisdomTree.