WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Hits New 52-Week High – What’s Next?

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $153.63 and last traded at $153.40, with a volume of 907591 shares. The stock had previously closed at $153.43.

WisdomTree Japan Hedged Equity Fund Trading Down 0.0%

The firm has a market cap of $5.65 billion, a P/E ratio of 12.88 and a beta of 0.41. The business has a 50-day moving average of $141.81 and a two-hundred day moving average of $131.03.

Institutional Investors Weigh In On WisdomTree Japan Hedged Equity Fund

Hedge funds have recently added to or reduced their stakes in the business. Winnow Wealth LLC bought a new position in shares of WisdomTree Japan Hedged Equity Fund during the second quarter valued at $26,000. Darwin Wealth Management LLC acquired a new stake in shares of WisdomTree Japan Hedged Equity Fund in the second quarter valued at about $29,000. Howe & Rusling Inc. lifted its stake in shares of 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 acquiring an additional 269 shares during the period. WFA of San Diego LLC acquired a new stake in WisdomTree Japan Hedged Equity Fund during the 2nd quarter valued at approximately $46,000. Finally, Hilltop National Bank acquired a new position in shares of WisdomTree Japan Hedged Equity Fund in the 2nd quarter worth approximately $53,000.

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.