WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Stock Price Up 0.1% – Time to Buy?

Shares of WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) shot up 0.1% on Monday. The stock traded as high as $55.52 and last traded at $55.17. Approximately 29,884 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 62,608 shares. The stock had previously closed at $55.11.

WisdomTree Europe Hedged Equity Fund Stock Performance

The business’s 50 day moving average price is $56.19 and its two-hundred day moving average price is $55.53. The company has a market capitalization of $1.73 billion, a price-to-earnings ratio of 15.27 and a beta of 0.74.

Institutional Investors Weigh In On WisdomTree Europe Hedged Equity Fund

Large investors have recently modified their holdings of the stock. Boothe Investment Group Inc. grew its holdings in shares of WisdomTree Europe Hedged Equity Fund by 6.0% in the 3rd quarter. Boothe Investment Group Inc. now owns 472,918 shares of the company’s stock worth $26,228,000 after acquiring an additional 26,863 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of WisdomTree Europe Hedged Equity Fund by 0.3% during the first quarter. Bank of New York Mellon Corp now owns 430,900 shares of the company’s stock valued at $22,536,000 after purchasing an additional 1,236 shares during the last quarter. Elevation Point Wealth Partners LLC lifted its holdings in shares of WisdomTree Europe Hedged Equity Fund by 14.8% during the first quarter. Elevation Point Wealth Partners LLC now owns 233,638 shares of the company’s stock valued at $12,219,000 after purchasing an additional 30,098 shares during the last quarter. Valley Wealth Managers Inc. boosted its position in shares of WisdomTree Europe Hedged Equity Fund by 21.6% in the 1st quarter. Valley Wealth Managers Inc. now owns 195,544 shares of the company’s stock valued at $10,227,000 after purchasing an additional 34,743 shares during the period. Finally, Janney Montgomery Scott LLC boosted its position in shares of WisdomTree Europe Hedged Equity Fund by 4.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 112,712 shares of the company’s stock valued at $5,895,000 after purchasing an additional 4,970 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.