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

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $48.81 and last traded at $48.73, with a volume of 41536 shares changing hands. The stock had previously closed at $48.39.

WisdomTree Europe Hedged Equity Fund Trading Up 0.8 %

The firm has a market capitalization of $2.03 billion, a price-to-earnings ratio of 5.78 and a beta of 0.74. The firm’s 50-day moving average is $45.25 and its 200 day moving average is $44.25.

Institutional Investors Weigh In On WisdomTree Europe Hedged Equity Fund

Institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. increased its stake in WisdomTree Europe Hedged Equity Fund by 2.0% in the 4th quarter. JPMorgan Chase & Co. now owns 104,158 shares of the company’s stock worth $4,554,000 after acquiring an additional 2,023 shares during the last quarter. Condor Capital Management grew its stake in shares of WisdomTree Europe Hedged Equity Fund by 2.8% during the fourth quarter. Condor Capital Management now owns 168,314 shares of the company’s stock valued at $7,359,000 after buying an additional 4,537 shares during the last quarter. Atala Financial Inc bought a new position in WisdomTree Europe Hedged Equity Fund during the 4th quarter worth approximately $38,000. Madison Investment Advisors LLC bought a new stake in WisdomTree Europe Hedged Equity Fund during the 4th quarter valued at $2,764,000. Finally, Independent Advisor Alliance bought a new stake in shares of WisdomTree Europe Hedged Equity Fund in the fourth quarter worth about $538,000.

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.