WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Reaches New 12-Month High – What’s Next?

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $56.50 and last traded at $56.12, with a volume of 57296 shares changing hands. The stock had previously closed at $56.31.

WisdomTree Europe Hedged Equity Fund Price Performance

The business’s 50-day moving average is $54.25 and its two-hundred day moving average is $52.10. The firm has a market cap of $1.87 billion, a P/E ratio of 15.27 and a beta of 0.81.

Institutional Trading of WisdomTree Europe Hedged Equity Fund

Several large investors have recently modified their holdings of the stock. Baird Financial Group Inc. lifted its holdings in WisdomTree Europe Hedged Equity Fund by 8.5% in the first quarter. Baird Financial Group Inc. now owns 5,084 shares of the company’s stock valued at $241,000 after buying an additional 400 shares during the period. Jane Street Group LLC grew its stake in shares of WisdomTree Europe Hedged Equity Fund by 9.2% in the 1st quarter. Jane Street Group LLC now owns 92,850 shares of the company’s stock valued at $4,409,000 after buying an additional 7,817 shares during the period. Focus Partners Wealth raised its stake in WisdomTree Europe Hedged Equity Fund by 64.1% during the 1st quarter. Focus Partners Wealth now owns 17,344 shares of the company’s stock worth $823,000 after buying an additional 6,774 shares during the period. Envestnet Asset Management Inc. boosted its holdings in WisdomTree Europe Hedged Equity Fund by 3.7% in the second quarter. Envestnet Asset Management Inc. now owns 81,339 shares of the company’s stock worth $3,914,000 after acquiring an additional 2,914 shares in the last quarter. Finally, Atria Investments Inc grew its stake in WisdomTree Europe Hedged Equity Fund by 14.0% in the second quarter. Atria Investments Inc now owns 112,062 shares of the company’s stock valued at $5,392,000 after acquiring an additional 13,726 shares during the period.

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.