WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Stock Set to Split on Friday, October 9th

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) shares are set to split on the morning of Friday, October 9th. The 3-1 split was announced on Wednesday, September 16th. The newly minted shares will be distributed to shareholders after the market closes on Thursday, October 8th.

WisdomTree Japan Hedged Equity Fund Stock Performance

Shares of NYSEARCA:DXJ opened at $181.27 on Friday. The company has a market cap of $7.11 billion, a P/E ratio of 12.88 and a beta of 0.40. The stock’s 50-day moving average is $177.75 and its 200-day moving average is $170.92. WisdomTree Japan Hedged Equity Fund has a 52-week low of $126.76 and a 52-week high of $183.11.

Institutional Trading of WisdomTree Japan Hedged Equity Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its position in WisdomTree Japan Hedged Equity Fund by 1,262.5% in the 4th quarter. JPMorgan Chase & Co. now owns 3,020,941 shares of the exchange traded fund’s stock worth $435,499,000 after buying an additional 2,799,228 shares during the period. Bank of America Corp DE grew its stake in shares of WisdomTree Japan Hedged Equity Fund by 10.7% in the first quarter. Bank of America Corp DE now owns 1,436,453 shares of the exchange traded fund’s stock worth $227,793,000 after acquiring an additional 139,317 shares during the last quarter. Assetmark Inc. grew its stake in shares of WisdomTree Japan Hedged Equity Fund by 5,308.9% in the first quarter. Assetmark Inc. now owns 507,304 shares of the exchange traded fund’s stock worth $80,448,000 after acquiring an additional 497,925 shares during the last quarter. Meitav Investment House Ltd. increased its position in WisdomTree Japan Hedged Equity Fund by 115.9% during the first quarter. Meitav Investment House Ltd. now owns 369,091 shares of the exchange traded fund’s stock worth $58,530,000 after acquiring an additional 198,137 shares during the period. Finally, Evercore Wealth Management LLC increased its holdings in shares of WisdomTree Japan Hedged Equity Fund by 6.2% during the 1st quarter. Evercore Wealth Management LLC now owns 307,624 shares of the exchange traded fund’s stock worth $48,783,000 after purchasing an additional 17,963 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. In this sense, the Index hedges against fluctuations in the relative value of the yen against the United States dollar.