WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Stock Price Crosses Above 50-Day Moving Average – Here’s Why

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $169.31 and traded as high as $173.68. WisdomTree Japan Hedged Equity Fund shares last traded at $173.51, with a volume of 148,052 shares changing hands.

WisdomTree Japan Hedged Equity Fund Trading Up 1.3%

The company has a market cap of $7.19 billion, a P/E ratio of 12.88 and a beta of 0.39. The stock’s 50-day moving average price is $169.66 and its 200-day moving average price is $161.18.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Greykasell Wealth Strategies Inc. bought a new stake in shares of WisdomTree Japan Hedged Equity Fund during the fourth quarter valued at approximately $26,000. Garton & Associates Financial Advisors LLC bought a new position in shares of WisdomTree Japan Hedged Equity Fund in the 4th quarter worth $30,000. Howe & Rusling Inc. bought a new position in shares of WisdomTree Japan Hedged Equity Fund in the 4th quarter worth $36,000. Darwin Wealth Management LLC acquired a new stake in WisdomTree Japan Hedged Equity Fund in the 2nd quarter valued at $29,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in WisdomTree Japan Hedged Equity Fund in the 4th quarter valued at $39,000.

WisdomTree Japan Hedged Equity Fund Company Profile

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.