WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Hits New 1-Year High – Should You Buy?

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) shares hit a new 52-week high during trading on Monday . The stock traded as high as $174.67 and last traded at $173.9640, with a volume of 23495 shares traded. The stock had previously closed at $171.17.

WisdomTree Japan Hedged Equity Fund Trading Up 0.2%

The firm has a market capitalization of $6.64 billion, a price-to-earnings ratio of 12.88 and a beta of 0.39. The firm has a fifty day moving average price of $167.40 and a 200 day moving average price of $158.51.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Greykasell Wealth Strategies Inc. bought a new position in WisdomTree Japan Hedged Equity Fund in the 4th quarter worth approximately $26,000. Darwin Wealth Management LLC bought a new position in WisdomTree Japan Hedged Equity Fund in the 2nd quarter worth approximately $29,000. Garton & Associates Financial Advisors LLC bought a new position in WisdomTree Japan Hedged Equity Fund in the 4th quarter worth approximately $30,000. Howe & Rusling Inc. bought a new position in WisdomTree Japan Hedged Equity Fund in the 4th quarter worth approximately $36,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in WisdomTree Japan Hedged Equity Fund in the 4th quarter worth approximately $39,000.

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.