WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Stock Price Up 0.6% – Still a Buy?

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) shares rose 0.6% during trading on Tuesday . The company traded as high as $47.86 and last traded at $47.75. Approximately 431,175 shares traded hands during mid-day trading, an increase of 152% from the average daily volume of 171,342 shares. The stock had previously closed at $47.48.

WisdomTree Europe Hedged Equity Fund Trading Down 3.3 %

The company has a market capitalization of $1.64 billion, a price-to-earnings ratio of 17.13 and a beta of 0.86. The company has a 50 day moving average price of $48.44 and a 200 day moving average price of $45.62.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of HEDJ. Wells Fargo & Company MN lifted its stake in WisdomTree Europe Hedged Equity Fund by 2.1% in the fourth quarter. Wells Fargo & Company MN now owns 436,841 shares of the company’s stock valued at $19,099,000 after buying an additional 8,981 shares in the last quarter. Rockefeller Capital Management L.P. lifted its position in WisdomTree Europe Hedged Equity Fund by 2.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 405,296 shares of the company’s stock valued at $17,720,000 after acquiring an additional 8,751 shares in the last quarter. Stratos Wealth Partners LTD. boosted its position in shares of WisdomTree Europe Hedged Equity Fund by 8.9% during the fourth quarter. Stratos Wealth Partners LTD. now owns 269,603 shares of the company’s stock worth $11,787,000 after buying an additional 21,984 shares during the period. Raymond James Financial Inc. bought a new position in shares of WisdomTree Europe Hedged Equity Fund during the fourth quarter worth about $10,588,000. Finally, Retirement Financial Solutions LLC raised its position in WisdomTree Europe Hedged Equity Fund by 64.1% in the 4th quarter. Retirement Financial Solutions LLC now owns 224,288 shares of the company’s stock valued at $9,806,000 after buying an additional 87,633 shares during the last quarter.

WisdomTree Europe Hedged Equity Fund Company Profile

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.