WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Reaches New 52-Week High – Still a Buy?

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $136.64 and last traded at $136.3740, with a volume of 136734 shares traded. The stock had previously closed at $135.91.

WisdomTree Japan Hedged Equity Fund Stock Up 0.8%

The company’s 50-day moving average price is $130.79 and its 200-day moving average price is $120.99. The firm has a market cap of $4.49 billion, a price-to-earnings ratio of 12.88 and a beta of 0.41.

Institutional Trading of WisdomTree Japan Hedged Equity Fund

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