WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Hits New 1-Year High – Here’s Why

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) reached a new 52-week high on Wednesday . The stock traded as high as $182.28 and last traded at $182.1110, with a volume of 14842 shares changing hands. The stock had previously closed at $179.65.

WisdomTree Japan Hedged Equity Fund Stock Up 0.3%

The company has a fifty day simple moving average of $175.06 and a 200-day simple moving average of $167.36. The firm has a market cap of $7.55 billion, a P/E ratio of 12.88 and a beta of 0.40.

Institutional Investors Weigh In On WisdomTree Japan Hedged Equity Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DXJ. Parallel Advisors LLC increased its stake in shares of WisdomTree Japan Hedged Equity Fund by 6.3% in the fourth quarter. Parallel Advisors LLC now owns 1,120 shares of the exchange traded fund’s stock worth $162,000 after purchasing an additional 66 shares in the last quarter. Brown Lisle Cummings Inc. boosted its holdings in WisdomTree Japan Hedged Equity Fund by 1.7% in the 1st quarter. Brown Lisle Cummings Inc. now owns 4,722 shares of the exchange traded fund’s stock worth $749,000 after buying an additional 79 shares during the period. K2 Financial Inc. boosted its holdings in WisdomTree Japan Hedged Equity Fund by 2.3% in the 1st quarter. K2 Financial Inc. now owns 3,695 shares of the exchange traded fund’s stock worth $597,000 after buying an additional 83 shares during the period. Oxinas Partners LLC increased its stake in WisdomTree Japan Hedged Equity Fund by 1.0% in the 4th quarter. Oxinas Partners LLC now owns 10,146 shares of the exchange traded fund’s stock worth $1,463,000 after buying an additional 98 shares in the last quarter. Finally, City Center Advisors LLC increased its stake in WisdomTree Japan Hedged Equity Fund by 7.0% in the 2nd quarter. City Center Advisors LLC now owns 1,596 shares of the exchange traded fund’s stock worth $277,000 after buying an additional 105 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.