WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Trading Up 0.6% – Should You Buy?

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) shot up 0.6% on Tuesday . The stock traded as high as $47.86 and last traded at $47.75. 431,175 shares changed hands during mid-day trading, an increase of 152% from the average session volume of 171,342 shares. The stock had previously closed at $47.48.

WisdomTree Europe Hedged Equity Fund Price Performance

The business’s 50 day simple moving average is $48.42 and its 200-day simple moving average is $45.60. The stock has a market capitalization of $1.69 billion, a P/E ratio of 17.13 and a beta of 0.86.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in HEDJ. Wells Fargo & Company MN increased its holdings in WisdomTree Europe Hedged Equity Fund by 2.1% in the fourth quarter. Wells Fargo & Company MN now owns 436,841 shares of the company’s stock valued at $19,099,000 after purchasing an additional 8,981 shares during the last quarter. Rockefeller Capital Management L.P. increased its stake in shares of WisdomTree Europe Hedged Equity Fund by 2.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 405,296 shares of the company’s stock valued at $17,720,000 after acquiring an additional 8,751 shares during the last quarter. Stratos Wealth Partners LTD. raised its position in shares of WisdomTree Europe Hedged Equity Fund by 8.9% in the 4th quarter. Stratos Wealth Partners LTD. now owns 269,603 shares of the company’s stock valued at $11,787,000 after acquiring an additional 21,984 shares during the period. Raymond James Financial Inc. bought a new position in WisdomTree Europe Hedged Equity Fund during the 4th quarter worth approximately $10,588,000. Finally, Retirement Financial Solutions LLC grew its holdings in WisdomTree Europe Hedged Equity Fund by 64.1% during the fourth quarter. Retirement Financial Solutions LLC now owns 224,288 shares of the company’s stock valued at $9,806,000 after purchasing an additional 87,633 shares during the period.

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.