WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Trading 0.9% Higher – Here’s Why

Shares of WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) shot up 0.9% during trading on Monday . The stock traded as high as $44.61 and last traded at $44.50. 368,436 shares traded hands during trading, an increase of 99% from the average session volume of 185,190 shares. The stock had previously closed at $44.12.

WisdomTree Europe Hedged Equity Fund Stock Performance

The business’s fifty day moving average price is $44.15 and its two-hundred day moving average price is $45.35. The firm has a market capitalization of $1.81 billion, a P/E ratio of 5.78 and a beta of 0.74.

Hedge Funds Weigh In On WisdomTree Europe Hedged Equity Fund

Institutional investors and hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC grew its stake in WisdomTree Europe Hedged Equity Fund by 61.4% during the 3rd quarter. GAMMA Investing LLC now owns 610 shares of the company’s stock worth $27,000 after buying an additional 232 shares during the last quarter. Graypoint LLC grew its stake in shares of WisdomTree Europe Hedged Equity Fund by 1.3% during the first quarter. Graypoint LLC now owns 19,241 shares of the company’s stock worth $929,000 after acquiring an additional 254 shares during the last quarter. PFG Advisors increased its holdings in shares of WisdomTree Europe Hedged Equity Fund by 1.3% during the second quarter. PFG Advisors now owns 22,702 shares of the company’s stock valued at $1,026,000 after acquiring an additional 290 shares in the last quarter. Parkside Advisors LLC increased its holdings in shares of WisdomTree Europe Hedged Equity Fund by 4.3% during the third quarter. Parkside Advisors LLC now owns 9,449 shares of the company’s stock valued at $424,000 after acquiring an additional 392 shares in the last quarter. Finally, Truist Financial Corp boosted its stake in WisdomTree Europe Hedged Equity Fund by 0.7% in the 2nd quarter. Truist Financial Corp now owns 58,722 shares of the company’s stock worth $2,655,000 after purchasing an additional 402 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.