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 Wednesday . Approximately 191,486 shares were traded during mid-day trading, an increase of 201% from the previous session’s volume of 63,585 shares.The stock last traded at $57.1550 and had previously closed at $56.71.

WisdomTree Europe Hedged Equity Fund Price Performance

The company’s 50 day moving average price is $54.01 and its 200 day moving average price is $53.70. The firm has a market capitalization 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 made changes to their positions in the company. SouthState Bank Corp bought a new stake in shares of WisdomTree Europe Hedged Equity Fund during the third quarter worth $27,000. International Assets Investment Management LLC acquired a new position in WisdomTree Europe Hedged Equity Fund during the 4th quarter valued at about $46,000. Cornerstone Planning Group LLC acquired a new position in WisdomTree Europe Hedged Equity Fund during the 3rd quarter valued at about $47,000. Farther Finance Advisors LLC lifted its position 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 purchasing an additional 366 shares during the period. Finally, Palisade Asset Management LLC acquired a new stake in shares of WisdomTree Europe Hedged Equity Fund during the 3rd quarter worth approximately $81,000.

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. The Index hedges against fluctuations in the relative value of the Euro against the United States dollar.