WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Sees Strong Trading Volume – Should You Buy?

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) saw unusually-strong trading volume on Tuesday . Approximately 343,429 shares were traded during mid-day trading, an increase of 153% from the previous session’s volume of 135,578 shares.The stock last traded at $46.71 and had previously closed at $46.62.

WisdomTree Europe Hedged Equity Fund Trading Up 1.0 %

The company’s 50 day simple moving average is $44.60 and its 200 day simple moving average is $44.14. The stock has a market capitalization of $1.97 billion, a PE ratio of 5.78 and a beta of 0.74.

Institutional Trading of WisdomTree Europe Hedged Equity Fund

Institutional investors have recently made changes to their positions in the stock. Truist Financial Corp increased its position in shares of WisdomTree Europe Hedged Equity Fund by 0.7% in the 2nd quarter. Truist Financial Corp now owns 58,722 shares of the company’s stock worth $2,655,000 after purchasing an additional 402 shares during the last quarter. Cetera Investment Advisers grew its position in shares of WisdomTree Europe Hedged Equity Fund by 22.0% during the 2nd quarter. Cetera Investment Advisers now owns 34,187 shares of the company’s stock valued at $1,546,000 after buying an additional 6,169 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of WisdomTree Europe Hedged Equity Fund during the 2nd quarter valued at about $714,000. GAMMA Investing LLC grew its position in shares of 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 last quarter. Finally, Parkside Advisors LLC grew its position in shares of WisdomTree Europe Hedged Equity Fund by 4.3% during the 3rd quarter. Parkside Advisors LLC now owns 9,449 shares of the company’s stock valued at $424,000 after buying an additional 392 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.