WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Reaches New 1-Year High – Here’s What Happened

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) shares hit a new 52-week high during trading on Monday . The stock traded as high as $174.67 and last traded at $173.9640, with a volume of 23495 shares traded. The stock had previously closed at $171.17.

WisdomTree Japan Hedged Equity Fund Stock Performance

The company has a market capitalization of $6.64 billion, a price-to-earnings ratio of 12.88 and a beta of 0.39. The firm’s 50-day simple moving average is $166.88 and its 200-day simple moving average is $158.02.

Hedge Funds Weigh In On WisdomTree Japan Hedged Equity Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. MAI Capital Management boosted its holdings in shares of WisdomTree Japan Hedged Equity Fund by 751.9% in the 3rd quarter. MAI Capital Management now owns 3,331 shares of the exchange traded fund’s stock worth $426,000 after buying an additional 2,940 shares during the last quarter. Anfield Capital Management LLC boosted its holdings in shares of WisdomTree Japan Hedged Equity Fund by 1.8% in the 3rd quarter. Anfield Capital Management LLC now owns 51,795 shares of the exchange traded fund’s stock worth $6,631,000 after buying an additional 913 shares during the last quarter. Diversify Wealth Management LLC boosted its holdings in shares of WisdomTree Japan Hedged Equity Fund by 1.3% in the 3rd quarter. Diversify Wealth Management LLC now owns 20,731 shares of the exchange traded fund’s stock worth $2,811,000 after buying an additional 262 shares during the last quarter. HighTower Advisors LLC boosted its holdings in shares of WisdomTree Japan Hedged Equity Fund by 3.7% in the 3rd quarter. HighTower Advisors LLC now owns 22,041 shares of the exchange traded fund’s stock worth $2,822,000 after buying an additional 778 shares during the last quarter. Finally, Rice Partnership LLC boosted its holdings in shares of WisdomTree Japan Hedged Equity Fund by 8.8% in the 3rd quarter. Rice Partnership LLC now owns 107,246 shares of the exchange traded fund’s stock worth $13,731,000 after buying an additional 8,692 shares during the last quarter.

About WisdomTree Japan Hedged Equity Fund

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. In this sense, the Index hedges against fluctuations in the relative value of the yen against the United States dollar.