WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Shares Down 0.1% – Here’s Why

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ)’s stock price was down 0.1% during mid-day trading on Tuesday . The company traded as low as $52.47 and last traded at $52.50. Approximately 35,912 shares were traded during mid-day trading, a decline of 27% from the average daily volume of 49,002 shares. The stock had previously closed at $52.55.

WisdomTree Europe Hedged Equity Fund Stock Performance

The company has a market cap of $1.75 billion, a price-to-earnings ratio of 15.27 and a beta of 0.81. The company’s 50 day moving average price is $54.59 and its 200 day moving average price is $52.55.

Institutional Investors Weigh In On WisdomTree Europe Hedged Equity Fund

Several institutional investors have recently made changes to their positions in HEDJ. Baird Financial Group Inc. lifted its holdings in WisdomTree Europe Hedged Equity Fund by 8.5% during the 1st quarter. Baird Financial Group Inc. now owns 5,084 shares of the company’s stock worth $241,000 after buying an additional 400 shares during the period. Jane Street Group LLC grew its stake in WisdomTree Europe Hedged Equity Fund by 9.2% during the first quarter. Jane Street Group LLC now owns 92,850 shares of the company’s stock valued at $4,409,000 after acquiring an additional 7,817 shares in the last quarter. Focus Partners Wealth grew its position in WisdomTree Europe Hedged Equity Fund by 64.1% in the first quarter. Focus Partners Wealth now owns 17,344 shares of the company’s stock worth $823,000 after acquiring an additional 6,774 shares in the last quarter. AE Wealth Management LLC grew its holdings in WisdomTree Europe Hedged Equity Fund by 165.8% in the 2nd quarter. AE Wealth Management LLC now owns 1,414 shares of the company’s stock worth $68,000 after acquiring an additional 882 shares during the last quarter. Finally, Kingsview Wealth Management LLC grew its holdings in shares of WisdomTree Europe Hedged Equity Fund by 1,546.7% during the 2nd quarter. Kingsview Wealth Management LLC now owns 106,968 shares of the company’s stock worth $5,147,000 after acquiring an additional 100,472 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.