WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Sees Strong Trading Volume – Time to Buy?

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) shares saw strong trading volume on Tuesday . 239,638 shares were traded during trading, an increase of 46% from the previous session’s volume of 163,729 shares.The stock last traded at $48.07 and had previously closed at $48.70.

WisdomTree Europe Hedged Equity Fund Trading Down 0.8 %

The stock has a market cap of $1.63 billion, a price-to-earnings ratio of 17.48 and a beta of 0.86. The company has a fifty day simple moving average of $47.12 and a 200-day simple moving average of $45.06.

Institutional Trading of WisdomTree Europe Hedged Equity Fund

A number of hedge funds have recently made changes to their positions in the stock. DAVENPORT & Co LLC increased its position in WisdomTree Europe Hedged Equity Fund by 3.3% in the 4th quarter. DAVENPORT & Co LLC now owns 6,783 shares of the company’s stock worth $297,000 after purchasing an additional 219 shares during the last quarter. Scotia Capital Inc. increased its holdings in WisdomTree Europe Hedged Equity Fund by 4.7% in the fourth quarter. Scotia Capital Inc. now owns 5,710 shares of the company’s stock worth $250,000 after buying an additional 258 shares during the last quarter. Integrated Wealth Concepts LLC raised its position in WisdomTree Europe Hedged Equity Fund by 2.6% during the fourth quarter. Integrated Wealth Concepts LLC now owns 23,102 shares of the company’s stock valued at $1,010,000 after acquiring an additional 593 shares in the last quarter. National Bank of Canada FI lifted its stake in WisdomTree Europe Hedged Equity Fund by 1.4% in the fourth quarter. National Bank of Canada FI now owns 48,145 shares of the company’s stock valued at $2,105,000 after acquiring an additional 649 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in WisdomTree Europe Hedged Equity Fund by 0.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 83,498 shares of the company’s stock worth $3,651,000 after acquiring an additional 715 shares in the last quarter.

About WisdomTree Europe Hedged Equity Fund

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.