WisdomTree Japan Hedged SmallCap Equity Fund (NASDAQ:DXJS) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

WisdomTree Japan Hedged SmallCap Equity Fund (NASDAQ:DXJS)’s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $58.06 and traded as low as $56.92. WisdomTree Japan Hedged SmallCap Equity Fund shares last traded at $57.50, with a volume of 113,996 shares changing hands.

WisdomTree Japan Hedged SmallCap Equity Fund Stock Performance

The firm has a market cap of $126.50 million, a P/E ratio of 11.40 and a beta of 0.49. The firm’s fifty day moving average is $58.09 and its 200 day moving average is $54.42.

Institutional Investors Weigh In On WisdomTree Japan Hedged SmallCap Equity Fund

A number of institutional investors have recently made changes to their positions in the company. Bank of America Corp DE increased its stake in shares of WisdomTree Japan Hedged SmallCap Equity Fund by 11.0% during the second quarter. Bank of America Corp DE now owns 172,059 shares of the company’s stock worth $6,290,000 after purchasing an additional 17,008 shares during the period. Jane Street Group LLC boosted its stake in WisdomTree Japan Hedged SmallCap Equity Fund by 147.8% in the 2nd quarter. Jane Street Group LLC now owns 56,988 shares of the company’s stock valued at $2,083,000 after purchasing an additional 33,986 shares during the period. Susquehanna International Group LLP grew its holdings in WisdomTree Japan Hedged SmallCap Equity Fund by 6.2% in the 3rd quarter. Susquehanna International Group LLP now owns 46,133 shares of the company’s stock valued at $1,687,000 after buying an additional 2,678 shares in the last quarter. Corient Private Wealth LLC grew its holdings in WisdomTree Japan Hedged SmallCap Equity Fund by 5.6% in the 2nd quarter. Corient Private Wealth LLC now owns 25,591 shares of the company’s stock valued at $936,000 after buying an additional 1,361 shares in the last quarter. Finally, Envestnet Asset Management Inc. bought a new position in WisdomTree Japan Hedged SmallCap Equity Fund during the 3rd quarter worth $515,000.

About WisdomTree Japan Hedged SmallCap Equity Fund

The WisdomTree Japan Hedged SmallCap Equity Fund (DXJS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a dividend-weighted index of Japanese small-cap stocks. The fund is hedged for currency fluctuations between the USD and JPY. DXJS was launched on Jun 28, 2013 and is managed by WisdomTree.