WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Reaches New 52-Week High – Here’s What Happened

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) hit a new 52-week high on Tuesday . The stock traded as high as $49.38 and last traded at $49.63, with a volume of 164293 shares changing hands. The stock had previously closed at $48.98.

WisdomTree Europe Hedged Equity Fund Stock Up 0.1 %

The firm’s 50-day moving average price is $45.79 and its 200 day moving average price is $44.48. The company has a market capitalization of $2.04 billion, a P/E ratio of 5.78 and a beta of 0.74.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HEDJ. Raymond James & Associates lifted its stake in shares of WisdomTree Europe Hedged Equity Fund by 1.9% during the 3rd quarter. Raymond James & Associates now owns 108,022 shares of the company’s stock valued at $4,850,000 after buying an additional 2,016 shares in the last quarter. Retirement Financial Solutions LLC lifted its stake in shares of WisdomTree Europe Hedged Equity Fund by 4.9% during the 3rd quarter. Retirement Financial Solutions LLC now owns 136,655 shares of the company’s stock valued at $6,136,000 after buying an additional 6,402 shares in the last quarter. Valley Wealth Managers Inc. lifted its stake in shares of WisdomTree Europe Hedged Equity Fund by 33.4% during the 3rd quarter. Valley Wealth Managers Inc. now owns 183,480 shares of the company’s stock valued at $8,238,000 after buying an additional 45,944 shares in the last quarter. Rockefeller Capital Management L.P. lifted its stake in shares of WisdomTree Europe Hedged Equity Fund by 44.3% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 396,545 shares of the company’s stock valued at $17,805,000 after buying an additional 121,645 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in shares of WisdomTree Europe Hedged Equity Fund during the 3rd quarter valued at approximately $3,674,000.

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.