WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Share Price Breaks Below Two Hundred Day Moving Average – What’s Next?

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $56.80 and traded as low as $56.31. WisdomTree Japan Hedged Equity Fund shares last traded at $56.40, with a volume of 1,863,436 shares trading hands.

WisdomTree Japan Hedged Equity Fund Price Performance

The stock has a market capitalization of $6.75 billion, a PE ratio of 12.88 and a beta of 0.46. The stock has a fifty day moving average of $59.60 and a 200-day moving average of $56.83.

Institutional Investors Weigh In On WisdomTree Japan Hedged Equity Fund

Hedge funds have recently bought and sold shares of the stock. Addison Advisors LLC increased its stake in shares of WisdomTree Japan Hedged Equity Fund by 9.5% during the third quarter. Addison Advisors LLC now owns 10,780 shares of the exchange traded fund’s stock worth $1,946,000 after buying an additional 938 shares during the period. Stonebridge Financial Planning Group LLC lifted its stake in WisdomTree Japan Hedged Equity Fund by 39.5% in the third quarter. Stonebridge Financial Planning Group LLC now owns 9,546 shares of the exchange traded fund’s stock worth $1,724,000 after acquiring an additional 2,705 shares during the last quarter. Fifth Third Bancorp grew its holdings in WisdomTree Japan Hedged Equity Fund by 1.7% during the 3rd quarter. Fifth Third Bancorp now owns 14,951 shares of the exchange traded fund’s stock worth $2,699,000 after acquiring an additional 252 shares in the last quarter. Joel Isaacson & Co. LLC acquired a new position in WisdomTree Japan Hedged Equity Fund during the 3rd quarter worth approximately $249,000. Finally, Karnit Road Accident Victims Compensation Fund grew its holdings in WisdomTree Japan Hedged Equity Fund by 8.8% during the 3rd quarter. Karnit Road Accident Victims Compensation Fund now owns 20,836 shares of the exchange traded fund’s stock worth $3,762,000 after acquiring an additional 1,680 shares in the last quarter.

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.