WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Trading 0.6% Higher – Here’s Why

Shares of WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) shot up 0.6% on Tuesday . The stock traded as high as $47.86 and last traded at $47.75. 431,175 shares traded hands during trading, an increase of 152% from the average session volume of 171,342 shares. The stock had previously closed at $47.48.

WisdomTree Europe Hedged Equity Fund Stock Up 0.6 %

The stock has a market capitalization of $1.69 billion, a P/E ratio of 17.13 and a beta of 0.86. The company has a fifty day simple moving average of $48.42 and a two-hundred day simple moving average of $45.60.

Institutional Trading of WisdomTree Europe Hedged Equity Fund

Several hedge funds have recently bought and sold shares of the stock. Atala Financial Inc acquired a new stake in shares of WisdomTree Europe Hedged Equity Fund in the 4th quarter valued at about $38,000. Bernard Wealth Management Corp. bought a new position in shares of WisdomTree Europe Hedged Equity Fund during the fourth quarter worth about $158,000. Orion Portfolio Solutions LLC acquired a new stake in WisdomTree Europe Hedged Equity Fund in the 3rd quarter valued at approximately $216,000. Valmark Advisers Inc. bought a new stake in WisdomTree Europe Hedged Equity Fund in the 4th quarter valued at approximately $226,000. Finally, Waverly Advisors LLC acquired a new position in WisdomTree Europe Hedged Equity Fund during the 4th quarter worth approximately $235,000.

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.