WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Shares Pass Above 200 Day Moving Average – Here’s Why

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $108.02 and traded as high as $111.55. WisdomTree Japan Hedged Equity Fund shares last traded at $111.41, with a volume of 97,712 shares changing hands.

WisdomTree Japan Hedged Equity Fund Stock Up 1.7 %

The company has a market cap of $4.86 billion, a P/E ratio of 12.00 and a beta of 0.65. The firm’s 50-day moving average price is $109.58 and its 200-day moving average price is $108.04.

Institutional Investors Weigh In On WisdomTree Japan Hedged Equity Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. LPL Financial LLC raised its holdings in shares of WisdomTree Japan Hedged Equity Fund by 14.2% during the second quarter. LPL Financial LLC now owns 917,779 shares of the exchange traded fund’s stock valued at $103,544,000 after acquiring an additional 113,968 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of WisdomTree Japan Hedged Equity Fund by 3.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 847,710 shares of the exchange traded fund’s stock worth $89,857,000 after acquiring an additional 28,709 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of WisdomTree Japan Hedged Equity Fund by 26.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 238,651 shares of the exchange traded fund’s stock valued at $26,926,000 after purchasing an additional 49,690 shares during the period. Cetera Investment Advisers grew its stake in WisdomTree Japan Hedged Equity Fund by 3.9% in the second quarter. Cetera Investment Advisers now owns 209,876 shares of the exchange traded fund’s stock worth $23,678,000 after purchasing an additional 7,948 shares during the period. Finally, Foundations Investment Advisors LLC raised its holdings in WisdomTree Japan Hedged Equity Fund by 7.5% in the second quarter. Foundations Investment Advisors LLC now owns 125,517 shares of the exchange traded fund’s stock worth $14,161,000 after purchasing an additional 8,789 shares in the last quarter.

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.