WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Stock Price Passes Above Fifty Day Moving Average – Should You Sell?

Shares of WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $157.52 and traded as high as $157.81. WisdomTree Japan Hedged Equity Fund shares last traded at $157.60, with a volume of 582,130 shares.

WisdomTree Japan Hedged Equity Fund Price Performance

The company has a 50-day simple moving average of $158.14 and a 200-day simple moving average of $142.79. The stock has a market cap of $6.05 billion, a PE ratio of 12.88 and a beta of 0.41.

Hedge Funds Weigh In On WisdomTree Japan Hedged Equity Fund

A number of large investors have recently made changes to their positions in the stock. Winnow Wealth LLC purchased a new stake in WisdomTree Japan Hedged Equity Fund during the second quarter worth about $26,000. Greykasell Wealth Strategies Inc. purchased a new position in WisdomTree Japan Hedged Equity Fund in the fourth quarter valued at about $26,000. Darwin Wealth Management LLC acquired a new stake in shares of WisdomTree Japan Hedged Equity Fund during the 2nd quarter valued at approximately $29,000. Garton & Associates Financial Advisors LLC acquired a new stake in shares of WisdomTree Japan Hedged Equity Fund during the 4th quarter valued at approximately $30,000. Finally, Howe & Rusling Inc. boosted its stake in shares of WisdomTree Japan Hedged Equity Fund by 672.5% during the 2nd quarter. Howe & Rusling Inc. now owns 309 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 269 shares in the last quarter.

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.