WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Sets New 1-Year High – Here’s Why

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $145.00 and last traded at $144.76, with a volume of 374050 shares traded. The stock had previously closed at $143.21.

WisdomTree Japan Hedged Equity Fund Trading Down 0.5%

The company’s 50 day simple moving average is $136.75 and its 200-day simple moving average is $126.54. The firm has a market cap of $4.64 billion, a P/E ratio of 12.88 and a beta of 0.41.

Institutional Investors Weigh In On WisdomTree Japan Hedged Equity Fund

A number of large investors have recently added to or reduced their stakes in the stock. Winnow Wealth LLC bought a new stake in shares of WisdomTree Japan Hedged Equity Fund in the second quarter worth $26,000. Darwin Wealth Management LLC bought a new position in WisdomTree Japan Hedged Equity Fund in the second quarter valued at about $29,000. Howe & Rusling Inc. boosted its position in WisdomTree Japan Hedged Equity Fund by 672.5% in the second quarter. Howe & Rusling Inc. now owns 309 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 269 shares during the last quarter. WFA of San Diego LLC bought a new stake in shares of WisdomTree Japan Hedged Equity Fund during the 2nd quarter valued at about $46,000. Finally, Hilltop National Bank bought a new stake in shares of WisdomTree Japan Hedged Equity Fund during the 2nd quarter valued at about $53,000.

WisdomTree Japan Hedged Equity Fund Company Profile

WisdomTree Japan Hedged Equity Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Japan Hedged Equity Index (the Index). The Index is designed to provide exposure to Japanese equity markets while at the same time neutralizing exposure to fluctuations of the Japanese Yen movements relative to the United States dollar.