WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Sets New 1-Year High – Here’s Why

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) shares hit a new 52-week high on Tuesday . The company traded as high as $56.91 and last traded at $56.91, with a volume of 1150 shares trading hands. The stock had previously closed at $56.27.

WisdomTree Europe Hedged Equity Fund Trading Up 1.0%

The firm has a market capitalization of $1.84 billion, a PE ratio of 15.27 and a beta of 0.75. The business’s 50 day simple moving average is $53.92 and its two-hundred day simple moving average is $53.66.

Institutional Investors Weigh In On WisdomTree Europe Hedged Equity Fund

A number of hedge funds have recently added to or reduced their stakes in the stock. Stifel Financial Corp raised its stake in WisdomTree Europe Hedged Equity Fund by 0.8% during the 4th quarter. Stifel Financial Corp now owns 26,077 shares of the company’s stock valued at $1,384,000 after buying an additional 200 shares during the last quarter. NWF Advisory Services Inc. raised its stake in WisdomTree Europe Hedged Equity Fund by 3.6% during the 1st quarter. NWF Advisory Services Inc. now owns 6,088 shares of the company’s stock valued at $318,000 after buying an additional 212 shares during the last quarter. Lido Advisors LLC raised its stake in WisdomTree Europe Hedged Equity Fund by 1.8% during the 4th quarter. Lido Advisors LLC now owns 14,944 shares of the company’s stock valued at $754,000 after buying an additional 269 shares during the last quarter. Franklin Resources Inc. raised its stake in WisdomTree Europe Hedged Equity Fund by 13.5% during the 4th quarter. Franklin Resources Inc. now owns 2,914 shares of the company’s stock valued at $155,000 after buying an additional 346 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its stake in WisdomTree Europe Hedged Equity Fund by 66.3% during the 4th quarter. Farther Finance Advisors LLC now owns 918 shares of the company’s stock valued at $49,000 after buying an additional 366 shares during 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. The Index hedges against fluctuations in the relative value of the Euro against the United States dollar.