WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Hits New 52-Week High – What’s Next?

Shares of WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) hit a new 52-week high on Thursday . The company traded as high as $141.74 and last traded at $141.1550, with a volume of 2785 shares changing hands. The stock had previously closed at $139.06.

WisdomTree Japan Hedged Equity Fund Trading Up 0.2%

The company has a 50 day moving average price of $134.75 and a 200-day moving average price of $124.75. The company has a market cap of $4.61 billion, a P/E ratio of 12.88 and a beta of 0.41.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Charles Schwab Investment Management Inc. lifted its holdings in shares of WisdomTree Japan Hedged Equity Fund by 33.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 552,093 shares of the exchange traded fund’s stock worth $60,830,000 after acquiring an additional 138,978 shares during the last quarter. AlphaCore Capital LLC acquired a new position in WisdomTree Japan Hedged Equity Fund during the 1st quarter worth approximately $71,000. National Bank of Canada FI increased its position in WisdomTree Japan Hedged Equity Fund by 1.4% during the 1st quarter. National Bank of Canada FI now owns 11,110 shares of the exchange traded fund’s stock worth $1,223,000 after purchasing an additional 155 shares in the last quarter. Condor Capital Management lifted its stake in WisdomTree Japan Hedged Equity Fund by 0.4% in the 1st quarter. Condor Capital Management now owns 70,002 shares of the exchange traded fund’s stock valued at $7,713,000 after purchasing an additional 277 shares during the last quarter. Finally, SouthState Corp bought a new position in WisdomTree Japan Hedged Equity Fund in the 1st quarter valued at approximately $40,000.

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.