WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Hits New 52-Week High – Should You Buy?

Shares of WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) hit a new 52-week high during trading on Wednesday . The company traded as high as $160.41 and last traded at $159.6630, with a volume of 101728 shares trading hands. The stock had previously closed at $156.38.

WisdomTree Japan Hedged Equity Fund Stock Performance

The firm has a market capitalization of $6.16 billion, a PE ratio of 12.88 and a beta of 0.41. The business’s 50 day moving average is $146.74 and its two-hundred day moving average is $135.14.

Institutional Trading of WisdomTree Japan Hedged Equity Fund

A number of hedge funds and other institutional 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 2nd quarter worth about $26,000. Darwin Wealth Management LLC bought a new stake in shares of WisdomTree Japan Hedged Equity Fund during the second quarter valued at about $29,000. Howe & Rusling Inc. increased its position in shares of WisdomTree Japan Hedged Equity Fund by 672.5% during the second quarter. Howe & Rusling Inc. now owns 309 shares of the exchange traded fund’s stock valued at $35,000 after buying an additional 269 shares during the period. Signaturefd LLC lifted its holdings in shares of WisdomTree Japan Hedged Equity Fund by 56.1% in the fourth quarter. Signaturefd LLC now owns 306 shares of the exchange traded fund’s stock worth $44,000 after buying an additional 110 shares in the last quarter. Finally, WFA of San Diego LLC bought a new position in shares of WisdomTree Japan Hedged Equity Fund in the second quarter valued at approximately $46,000.

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.