WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Sees Strong Trading Volume – Here’s Why

Shares of WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) saw unusually-strong trading volume on Friday . 86,585 shares were traded during trading, an increase of 26% from the previous session’s volume of 68,800 shares.The stock last traded at $57.83 and had previously closed at $57.34.

WisdomTree Europe Hedged Equity Fund Stock Up 0.7%

The firm’s fifty day moving average is $57.07 and its two-hundred day moving average is $55.58. The firm has a market cap of $1.86 billion, a P/E ratio of 15.27 and a beta of 0.75.

Institutional Investors Weigh In On WisdomTree Europe Hedged Equity Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HEDJ. Continuum Advisory LLC purchased a new stake in shares of WisdomTree Europe Hedged Equity Fund in the 2nd quarter worth about $27,000. Ameritas Advisory Services LLC bought a new position in WisdomTree Europe Hedged Equity Fund in the 2nd quarter valued at approximately $27,000. Eastern Bank purchased a new stake in shares of WisdomTree Europe Hedged Equity Fund during the second quarter valued at $28,000. International Assets Investment Management LLC purchased a new stake in shares of WisdomTree Europe Hedged Equity Fund during the 4th quarter valued at about $46,000. Finally, Farther Finance Advisors LLC grew its position in WisdomTree Europe Hedged Equity Fund by 66.3% in the 4th quarter. Farther Finance Advisors LLC now owns 918 shares of the company’s stock worth $49,000 after purchasing an additional 366 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. The Index hedges against fluctuations in the relative value of the Euro against the United States dollar.