WisdomTree India Hedged Equity Fund (NASDAQ:INDH) Trading 0.2% Higher – What’s Next?

WisdomTree India Hedged Equity Fund (NASDAQ:INDH)’s share price traded up 0.2% during mid-day trading on Wednesday . The stock traded as high as $39.31 and last traded at $39.2790. 403 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 1,469 shares. The stock had previously closed at $39.19.

WisdomTree India Hedged Equity Fund Price Performance

The stock has a market capitalization of $5.89 million, a price-to-earnings ratio of 26.53 and a beta of 0.43. The stock has a 50-day moving average of $39.38 and a 200 day moving average of $40.36.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of INDH. Leo Wealth LLC grew its position in shares of WisdomTree India Hedged Equity Fund by 5.3% during the 4th quarter. Leo Wealth LLC now owns 6,153 shares of the company’s stock worth $261,000 after buying an additional 307 shares during the period. Citadel Advisors LLC bought a new stake in shares of WisdomTree India Hedged Equity Fund during the third quarter worth approximately $828,000. Finally, Susquehanna International Group LLP raised its stake in shares of WisdomTree India Hedged Equity Fund by 14.1% during the third quarter. Susquehanna International Group LLP now owns 26,595 shares of the company’s stock worth $1,127,000 after buying an additional 3,284 shares during the last quarter.

WisdomTree India Hedged Equity Fund Company Profile

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.