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

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) shares hit a new 52-week high during trading on Monday . The company traded as high as $179.52 and last traded at $179.9610, with a volume of 459 shares trading hands. The stock had previously closed at $178.51.

WisdomTree Japan Hedged Equity Fund Price Performance

The firm has a market cap of $6.87 billion, a P/E ratio of 12.88 and a beta of 0.39. The company’s 50 day moving average is $168.26 and its two-hundred day moving average is $159.30.

Institutional Trading of WisdomTree Japan Hedged Equity Fund

Hedge funds have recently modified their holdings of the company. Parallel Advisors LLC grew 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 valued at $162,000 after buying an additional 66 shares in the last quarter. Brown Lisle Cummings Inc. raised its position in WisdomTree Japan Hedged Equity Fund by 1.7% during the first quarter. Brown Lisle Cummings Inc. now owns 4,722 shares of the exchange traded fund’s stock worth $749,000 after acquiring an additional 79 shares in the last quarter. K2 Financial Inc. lifted its stake in WisdomTree Japan Hedged Equity Fund by 2.3% in the first quarter. K2 Financial Inc. now owns 3,695 shares of the exchange traded fund’s stock valued at $597,000 after acquiring an additional 83 shares during the last quarter. Oxinas Partners LLC lifted its stake in WisdomTree Japan Hedged Equity Fund by 1.0% in the fourth quarter. Oxinas Partners LLC now owns 10,146 shares of the exchange traded fund’s stock valued at $1,463,000 after acquiring an additional 98 shares during the last quarter. Finally, Allworth Financial LP grew its position in shares of WisdomTree Japan Hedged Equity Fund by 16.2% in the 3rd quarter. Allworth Financial LP now owns 725 shares of the exchange traded fund’s stock valued at $93,000 after acquiring an additional 101 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. In this sense, the Index hedges against fluctuations in the relative value of the yen against the United States dollar.