WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Hits New 52-Week High – Should You Buy?

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $136.64 and last traded at $136.3740, with a volume of 136734 shares. The stock had previously closed at $135.91.

WisdomTree Japan Hedged Equity Fund Stock Up 0.8%

The firm has a market cap of $4.49 billion, a PE ratio of 12.88 and a beta of 0.41. The firm has a 50-day moving average price of $130.79 and a two-hundred day moving average price of $120.99.

Institutional Trading of WisdomTree Japan Hedged Equity Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in DXJ. Jones Financial Companies Lllp grew its position in WisdomTree Japan Hedged Equity Fund by 2,816.4% in the first quarter. Jones Financial Companies Lllp now owns 268,196 shares of the exchange traded fund’s stock worth $29,550,000 after acquiring an additional 259,000 shares during the period. Liberty Mutual Group Asset Management Inc. grew its holdings in shares of WisdomTree Japan Hedged Equity Fund by 34.7% during the 2nd quarter. Liberty Mutual Group Asset Management Inc. now owns 941,000 shares of the exchange traded fund’s stock worth $107,528,000 after purchasing an additional 242,250 shares during the period. Allianz Asset Management GmbH acquired a new stake in shares of WisdomTree Japan Hedged Equity Fund during the 1st quarter worth about $23,851,000. Summit Financial LLC raised its holdings in WisdomTree Japan Hedged Equity Fund by 584.0% in the 1st quarter. Summit Financial LLC now owns 224,707 shares of the exchange traded fund’s stock valued at $24,758,000 after buying an additional 191,857 shares during the period. Finally, Permanens Capital L.P. boosted its stake in WisdomTree Japan Hedged Equity Fund by 104.9% during the first quarter. Permanens Capital L.P. now owns 317,244 shares of the exchange traded fund’s stock worth $34,954,000 after buying an additional 162,390 shares during the period.

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.