WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $108.11 and traded as low as $106.02. WisdomTree Japan Hedged Equity Fund shares last traded at $107.71, with a volume of 262,375 shares trading hands.

WisdomTree Japan Hedged Equity Fund Price Performance

The stock has a market capitalization of $4.74 billion, a P/E ratio of 12.00 and a beta of 0.65. The firm’s 50 day moving average price is $110.22 and its 200 day moving average price is $108.11.

Hedge Funds Weigh In On WisdomTree Japan Hedged Equity Fund

Several hedge funds and other institutional investors have recently modified their holdings of DXJ. International Assets Investment Management LLC grew its holdings in WisdomTree Japan Hedged Equity Fund by 9,982.5% in the third quarter. International Assets Investment Management LLC now owns 117,360 shares of the exchange traded fund’s stock worth $12,440,000 after purchasing an additional 116,196 shares during the period. Oppenheimer Asset Management Inc. purchased a new stake in WisdomTree Japan Hedged Equity Fund in the second quarter worth about $7,715,000. CWM LLC grew its holdings in WisdomTree Japan Hedged Equity Fund by 315.8% in the third quarter. CWM LLC now owns 76,086 shares of the exchange traded fund’s stock worth $8,065,000 after purchasing an additional 57,786 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in WisdomTree Japan Hedged Equity Fund by 26.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 238,651 shares of the exchange traded fund’s stock worth $26,926,000 after purchasing an additional 49,690 shares during the period. Finally, NewEdge Advisors LLC grew its holdings in WisdomTree Japan Hedged Equity Fund by 3,197.6% in the second quarter. NewEdge Advisors LLC now owns 42,110 shares of the exchange traded fund’s stock worth $4,751,000 after purchasing an additional 40,833 shares during the period.

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.