WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Reaches New 1-Year High – Time to Buy?

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) reached 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 traded. The stock had previously closed at $139.06.

WisdomTree Japan Hedged Equity Fund Price Performance

The firm has a 50-day moving average of $134.31 and a 200-day moving average of $124.43. The stock has a market cap of $4.61 billion, a PE ratio of 12.88 and a beta of 0.41.

Hedge Funds Weigh In On WisdomTree Japan Hedged Equity Fund

Several hedge funds have recently modified their holdings of the stock. Winnow Wealth LLC bought a new position in shares of WisdomTree Japan Hedged Equity Fund during the second quarter worth $26,000. Darwin Wealth Management LLC purchased a new stake in WisdomTree Japan Hedged Equity Fund in the 2nd quarter worth $29,000. Howe & Rusling Inc. boosted its holdings in shares of WisdomTree Japan Hedged Equity Fund by 672.5% during the 2nd quarter. Howe & Rusling Inc. now owns 309 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 269 shares during the last quarter. SouthState Corp bought a new position in shares of WisdomTree Japan Hedged Equity Fund during the 1st quarter valued at about $40,000. Finally, WFA of San Diego LLC purchased a new position in shares of WisdomTree Japan Hedged Equity Fund during the second quarter valued at about $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.