WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Trading Down 0.1% – Here’s Why

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) dropped 0.1% during trading on Tuesday . The stock traded as low as $52.47 and last traded at $52.50. Approximately 35,912 shares traded hands during mid-day trading, a decline of 27% from the average daily volume of 49,002 shares. The stock had previously closed at $52.55.

WisdomTree Europe Hedged Equity Fund Price Performance

The stock has a market cap of $1.75 billion, a PE ratio of 15.27 and a beta of 0.81. The business has a fifty day moving average of $54.59 and a 200-day moving average of $52.55.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. SouthState Bank Corp purchased a new stake in shares of WisdomTree Europe Hedged Equity Fund in the third quarter valued at $27,000. International Assets Investment Management LLC acquired a new position in shares of WisdomTree Europe Hedged Equity Fund during the 4th quarter valued at $46,000. Farther Finance Advisors LLC boosted its holdings in shares of WisdomTree Europe Hedged Equity Fund by 66.3% during the fourth quarter. Farther Finance Advisors LLC now owns 918 shares of the company’s stock worth $49,000 after purchasing an additional 366 shares during the period. Cornerstone Planning Group LLC bought a new position in WisdomTree Europe Hedged Equity Fund during the third quarter valued at approximately $47,000. Finally, First Horizon Corp acquired a new stake in shares of WisdomTree Europe Hedged Equity Fund in the third quarter worth $50,000.

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. The Index hedges against fluctuations in the relative value of the Euro against the United States dollar.