WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Reaches New 12-Month High – Should You Buy?

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $50.36 and last traded at $50.28, with a volume of 74697 shares. The stock had previously closed at $50.10.

WisdomTree Europe Hedged Equity Fund Trading Up 0.2%

The firm has a market capitalization of $1.82 billion, a price-to-earnings ratio of 16.26 and a beta of 0.79. The stock’s fifty day moving average price is $47.09 and its two-hundred day moving average price is $46.16.

Hedge Funds Weigh In On WisdomTree Europe Hedged Equity Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HEDJ. Atala Financial Inc purchased a new position in WisdomTree Europe Hedged Equity Fund during the 4th quarter worth $38,000. North Capital Inc. acquired a new stake in shares of WisdomTree Europe Hedged Equity Fund in the 1st quarter worth $53,000. Westwind Capital acquired a new position in WisdomTree Europe Hedged Equity Fund during the 1st quarter worth approximately $135,000. Bernard Wealth Management Corp. purchased a new position in WisdomTree Europe Hedged Equity Fund in the fourth quarter worth $158,000. Finally, Brown Advisory Inc. acquired a new position in shares of WisdomTree Europe Hedged Equity Fund during the 1st quarter worth $200,000.

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.