WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Hits New 1-Year High – Here’s What Happened

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) shares hit a new 52-week high on Wednesday . The stock traded as high as $55.95 and last traded at $55.9390, with a volume of 16373 shares. The stock had previously closed at $55.52.

WisdomTree Europe Hedged Equity Fund Stock Performance

The stock has a market cap of $1.86 billion, a price-to-earnings ratio of 15.27 and a beta of 0.81. The company has a 50-day moving average of $53.97 and a 200-day moving average of $51.90.

Institutional Investors Weigh In On WisdomTree Europe Hedged Equity Fund

Several large investors have recently modified their holdings of the stock. Hyposwiss Advisors SA purchased a new position in shares of WisdomTree Europe Hedged Equity Fund in the 4th quarter valued at about $1,044,000. Osaic Holdings Inc. lifted its stake in WisdomTree Europe Hedged Equity Fund by 3.2% in the 4th quarter. Osaic Holdings Inc. now owns 56,655 shares of the company’s stock valued at $3,007,000 after buying an additional 1,773 shares in the last quarter. Captrust Financial Advisors acquired a new stake in shares of WisdomTree Europe Hedged Equity Fund during the fourth quarter valued at $224,000. Blair William & Co. IL raised its position in shares of WisdomTree Europe Hedged Equity Fund by 120.0% in the fourth quarter. Blair William & Co. IL now owns 5,320 shares of the company’s stock valued at $282,000 after buying an additional 2,902 shares during the last quarter. Finally, Royal Bank of Canada boosted its position in WisdomTree Europe Hedged Equity Fund by 1.7% during the fourth quarter. Royal Bank of Canada now owns 445,445 shares of the company’s stock worth $23,635,000 after acquiring an additional 7,580 shares during the last quarter.

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.