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

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $51.47 and last traded at $51.07, with a volume of 27159 shares traded. The stock had previously closed at $51.17.

WisdomTree Europe Hedged Equity Fund Trading Down 0.2%

The stock has a market cap of $1.76 billion, a price-to-earnings ratio of 15.27 and a beta of 0.88. The stock’s 50-day moving average is $49.75 and its 200-day moving average is $48.57.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in HEDJ. GAMMA Investing LLC raised its holdings in shares of WisdomTree Europe Hedged Equity Fund by 4,598.6% during the 1st quarter. GAMMA Investing LLC now owns 36,085 shares of the company’s stock valued at $1,713,000 after buying an additional 35,317 shares during the period. Defined Financial Planning LLC purchased a new position in WisdomTree Europe Hedged Equity Fund in the 1st quarter worth approximately $3,070,000. Wealth Enhancement Advisory Services LLC grew its position in WisdomTree Europe Hedged Equity Fund by 28.4% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 41,039 shares of the company’s stock valued at $1,949,000 after acquiring an additional 9,076 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in shares of WisdomTree Europe Hedged Equity Fund by 1.4% during the first quarter. Janney Montgomery Scott LLC now owns 68,915 shares of the company’s stock valued at $3,272,000 after purchasing an additional 973 shares during the period. Finally, Boothe Investment Group Inc. purchased a new stake in shares of WisdomTree Europe Hedged Equity Fund during the first quarter valued at approximately $19,703,000.

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.