WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Sets New 1-Year High – Should You Buy?

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $56.91 and last traded at $56.91, with a volume of 1150 shares changing hands. The stock had previously closed at $56.27.

WisdomTree Europe Hedged Equity Fund Stock Up 1.6%

The firm has a market capitalization of $1.87 billion, a PE ratio of 15.27 and a beta of 0.75. The firm has a 50-day moving average price of $54.10 and a 200 day moving average price of $53.74.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. SouthState Bank Corp purchased a new position in shares of WisdomTree Europe Hedged Equity Fund during the third quarter worth approximately $27,000. International Assets Investment Management LLC acquired a new stake in shares of WisdomTree Europe Hedged Equity Fund in the 4th quarter worth $46,000. Farther Finance Advisors LLC raised its holdings in 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 in the last quarter. Cornerstone Planning Group LLC purchased a new stake in WisdomTree Europe Hedged Equity Fund in the 3rd quarter valued at approximately $47,000. Finally, Palisade Asset Management LLC purchased a new position in shares of WisdomTree Europe Hedged Equity Fund during the 3rd quarter worth approximately $81,000.

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.