WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Sets New 52-Week High – Should You Buy?

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $53.02 and last traded at $53.1290, with a volume of 314 shares. The stock had previously closed at $52.71.

WisdomTree Europe Hedged Equity Fund Price Performance

The company has a market capitalization of $1.80 billion, a P/E ratio of 15.27 and a beta of 0.81. The firm’s 50-day moving average is $52.04 and its 200-day moving average is $50.38.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Palisade Asset Management LLC acquired a new position in shares of WisdomTree Europe Hedged Equity Fund in the third quarter worth about $81,000. Kestra Private Wealth Services LLC lifted its position in shares of WisdomTree Europe Hedged Equity Fund by 3.1% during the third quarter. Kestra Private Wealth Services LLC now owns 35,001 shares of the company’s stock worth $1,764,000 after purchasing an additional 1,040 shares in the last quarter. Susquehanna International Group LLP raised its holdings in WisdomTree Europe Hedged Equity Fund by 16.9% during the third quarter. Susquehanna International Group LLP now owns 125,944 shares of the company’s stock worth $6,348,000 after purchasing an additional 18,193 shares in the last quarter. National Bank of Canada FI increased its holdings in shares of WisdomTree Europe Hedged Equity Fund by 2.2% in the third quarter. National Bank of Canada FI now owns 53,317 shares of the company’s stock valued at $2,687,000 after purchasing an additional 1,149 shares during the period. Finally, Elevation Point Wealth Partners LLC purchased a new position in shares of WisdomTree Europe Hedged Equity Fund in the 3rd quarter valued at $1,341,000.

About WisdomTree Europe Hedged Equity Fund

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.