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

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

WisdomTree Japan Hedged Equity Fund Price Performance

The firm’s 50-day moving average is $174.69 and its 200-day moving average is $166.95. The company has a market capitalization of $7.53 billion, a P/E ratio of 12.88 and a beta of 0.40.

Hedge Funds Weigh In On WisdomTree Japan Hedged Equity Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Greykasell Wealth Strategies Inc. purchased a new position in WisdomTree Japan Hedged Equity Fund during the 4th quarter valued at approximately $26,000. Darwin Wealth Management LLC bought a new stake in WisdomTree Japan Hedged Equity Fund during the 2nd quarter valued at about $29,000. Garton & Associates Financial Advisors LLC purchased a new stake in shares of WisdomTree Japan Hedged Equity Fund in the 4th quarter worth $30,000. Trust Co. of Vermont bought a new position in WisdomTree Japan Hedged Equity Fund during the 2nd quarter worth about $36,000. Finally, Howe & Rusling Inc. bought a new position in shares of WisdomTree Japan Hedged Equity Fund during the fourth quarter valued at approximately $36,000.

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.