WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Stock Price Down 0.5% – Here’s Why

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ)’s share price dropped 0.5% during mid-day trading on Monday . The company traded as low as $42.93 and last traded at $43.06. Approximately 55,422 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 177,452 shares. The stock had previously closed at $43.26.

WisdomTree Europe Hedged Equity Fund Stock Performance

The company has a market cap of $1.78 billion, a PE ratio of 5.78 and a beta of 0.74. The stock’s 50 day moving average price is $43.92 and its 200-day moving average price is $44.96.

Institutional Investors Weigh In On WisdomTree Europe Hedged Equity Fund

Institutional investors have recently made changes to their positions in the business. GAMMA Investing LLC boosted its position in WisdomTree Europe Hedged Equity Fund by 61.4% during the 3rd quarter. GAMMA Investing LLC now owns 610 shares of the company’s stock valued at $27,000 after buying an additional 232 shares during the period. Headlands Technologies LLC purchased a new stake in WisdomTree Europe Hedged Equity Fund during the 2nd quarter valued at $64,000. International Assets Investment Management LLC purchased a new stake in WisdomTree Europe Hedged Equity Fund during the 2nd quarter valued at $91,000. Insigneo Advisory Services LLC purchased a new stake in WisdomTree Europe Hedged Equity Fund during the 2nd quarter valued at $207,000. Finally, Orion Portfolio Solutions LLC purchased a new stake in WisdomTree Europe Hedged Equity Fund during the 3rd quarter valued at $216,000.

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.