WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Stock to Split on Friday, October 9th

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) shares are scheduled to split before the market opens on Friday, October 9th. The 3-1 split was announced on Wednesday, September 16th. The newly minted shares will be issued to shareholders after the closing bell on Thursday, October 8th.

WisdomTree Japan Hedged Equity Fund Price Performance

NYSEARCA:DXJ opened at $182.03 on Monday. The stock’s 50 day moving average price is $178.21 and its 200 day moving average price is $171.79. The company has a market capitalization of $7.14 billion, a PE ratio of 12.88 and a beta of 0.42. WisdomTree Japan Hedged Equity Fund has a 52-week low of $126.81 and a 52-week high of $183.11.

Hedge Funds Weigh In On WisdomTree Japan Hedged Equity Fund

Institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. boosted its stake in WisdomTree Japan Hedged Equity Fund by 1,262.5% during the 4th quarter. JPMorgan Chase & Co. now owns 3,020,941 shares of the exchange traded fund’s stock worth $435,499,000 after purchasing an additional 2,799,228 shares during the period. Bank of America Corp DE grew its stake in shares of WisdomTree Japan Hedged Equity Fund by 10.7% in the 1st quarter. Bank of America Corp DE now owns 1,436,453 shares of the exchange traded fund’s stock valued at $227,793,000 after purchasing an additional 139,317 shares during the last quarter. Assetmark Inc. grew its stake in shares of WisdomTree Japan Hedged Equity Fund by 5,308.9% in the 1st quarter. Assetmark Inc. now owns 507,304 shares of the exchange traded fund’s stock valued at $80,448,000 after purchasing an additional 497,925 shares during the last quarter. Meitav Investment House Ltd. increased its holdings in shares of WisdomTree Japan Hedged Equity Fund by 115.9% in the first quarter. Meitav Investment House Ltd. now owns 369,091 shares of the exchange traded fund’s stock valued at $58,530,000 after purchasing an additional 198,137 shares during the period. Finally, Evercore Wealth Management LLC increased its holdings in shares of WisdomTree Japan Hedged Equity Fund by 6.2% in the first quarter. Evercore Wealth Management LLC now owns 307,624 shares of the exchange traded fund’s stock valued at $48,783,000 after purchasing an additional 17,963 shares during the period.

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