WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Sees Large Volume Increase – Time to Buy?

Shares of WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) saw an uptick in trading volume on Wednesday . 191,486 shares changed hands during mid-day trading, an increase of 201% from the previous session’s volume of 63,585 shares.The stock last traded at $57.1550 and had previously closed at $56.71.

WisdomTree Europe Hedged Equity Fund Trading Up 0.8%

The company has a fifty day moving average price of $54.01 and a two-hundred day moving average price of $53.70. The firm has a market cap of $1.86 billion, a P/E ratio of 15.27 and a beta of 0.75.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in HEDJ. Baird Financial Group Inc. raised its holdings in shares of WisdomTree Europe Hedged Equity Fund by 8.5% during the first quarter. Baird Financial Group Inc. now owns 5,084 shares of the company’s stock worth $241,000 after acquiring an additional 400 shares during the period. Jane Street Group LLC raised its stake in shares of WisdomTree Europe Hedged Equity Fund by 9.2% in the 1st quarter. Jane Street Group LLC now owns 92,850 shares of the company’s stock valued at $4,409,000 after purchasing an additional 7,817 shares during the period. Focus Partners Wealth lifted its holdings in shares of WisdomTree Europe Hedged Equity Fund by 64.1% in the first quarter. Focus Partners Wealth now owns 17,344 shares of the company’s stock valued at $823,000 after purchasing an additional 6,774 shares in the last quarter. Cerity Partners LLC grew its holdings in shares of WisdomTree Europe Hedged Equity Fund by 86.1% during the second quarter. Cerity Partners LLC now owns 29,025 shares of the company’s stock worth $1,397,000 after buying an additional 13,432 shares in the last quarter. Finally, Raymond James Financial Inc. grew its holdings in shares of WisdomTree Europe Hedged Equity Fund by 34.9% during the second quarter. Raymond James Financial Inc. now owns 374,190 shares of the company’s stock worth $18,006,000 after buying an additional 96,825 shares in 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. The Index hedges against fluctuations in the relative value of the Euro against the United States dollar.