WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Share Price Crosses Above 200-Day Moving Average – Here’s Why

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $108.02 and traded as high as $111.55. WisdomTree Japan Hedged Equity Fund shares last traded at $111.41, with a volume of 97,712 shares changing hands.

WisdomTree Japan Hedged Equity Fund Stock Up 0.2 %

The business has a 50-day simple moving average of $109.52 and a 200-day simple moving average of $108.02. The company has a market cap of $4.90 billion, a PE ratio of 12.00 and a beta of 0.65.

Hedge Funds Weigh In On WisdomTree Japan Hedged Equity Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Evernest Financial Advisors LLC boosted its position in WisdomTree Japan Hedged Equity Fund by 5.6% in the 2nd quarter. Evernest Financial Advisors LLC now owns 93,274 shares of the exchange traded fund’s stock valued at $10,523,000 after buying an additional 4,931 shares during the period. Commonwealth Equity Services LLC boosted its holdings in WisdomTree Japan Hedged Equity Fund by 12.5% in the second quarter. Commonwealth Equity Services LLC now owns 75,325 shares of the exchange traded fund’s stock valued at $8,498,000 after purchasing an additional 8,395 shares during the period. Waverton Investment Management Ltd grew its stake in WisdomTree Japan Hedged Equity Fund by 14.1% during the 2nd quarter. Waverton Investment Management Ltd now owns 6,568 shares of the exchange traded fund’s stock worth $741,000 after purchasing an additional 812 shares in the last quarter. First National Trust Co increased its holdings in WisdomTree Japan Hedged Equity Fund by 20.5% during the 2nd quarter. First National Trust Co now owns 3,527 shares of the exchange traded fund’s stock worth $398,000 after purchasing an additional 600 shares during the period. Finally, Foundations Investment Advisors LLC raised its position in WisdomTree Japan Hedged Equity Fund by 7.5% in the 2nd quarter. Foundations Investment Advisors LLC now owns 125,517 shares of the exchange traded fund’s stock valued at $14,161,000 after purchasing an additional 8,789 shares in the last quarter.

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.