WisdomTree India Hedged Equity Fund (NASDAQ:INDH) Trading 0.4% Higher – Still a Buy?

WisdomTree India Hedged Equity Fund (NASDAQ:INDHGet Free Report) shot up 0.4% during trading on Friday . The stock traded as high as $39.81 and last traded at $39.79. 6,786 shares changed hands during mid-day trading, an increase of 425% from the average session volume of 1,292 shares. The stock had previously closed at $39.64.

WisdomTree India Hedged Equity Fund Price Performance

The firm’s 50 day moving average price is $39.17 and its 200-day moving average price is $39.69. The firm has a market cap of $5.97 million, a price-to-earnings ratio of 26.53 and a beta of 0.42.

Institutional Investors Weigh In On WisdomTree India Hedged Equity Fund

An institutional investor recently bought a new stake in WisdomTree India Hedged Equity Fund stock. Citadel Advisors LLC acquired a new position in WisdomTree India Hedged Equity Fund (NASDAQ:INDHFree Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 19,544 shares of the company’s stock, valued at approximately $828,000. Citadel Advisors LLC owned 13.03% of WisdomTree India Hedged Equity Fund at the end of the most recent quarter.

About WisdomTree India Hedged Equity Fund

(Get Free Report)

The WisdomTree India Hedged Equity Fund (INDH) is an exchange-traded fund that is based on the WisdomTree India Hedged Equity index. The fund tracks a market-cap weighted index comprised of the 75 largest companies in India. The fund employs currency hedging strategies to protect against fluctuations between the Indian Rupee and the US Dollar INDH was launched on May 9, 2024 and is issued by WisdomTree.

Further Reading

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