WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Sees Unusually-High Trading Volume – Here’s Why
by Michael Walen · The Markets DailyWisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ – Get Free Report) shares saw strong trading volume on Monday . 817,942 shares traded hands during mid-day trading, an increase of 337% from the previous session’s volume of 187,215 shares.The stock last traded at $146.9050 and had previously closed at $144.99.
WisdomTree Japan Hedged Equity Fund Trading Up 1.6%
The company’s 50-day moving average is $139.73 and its 200 day moving average is $129.22. The firm has a market cap of $5.22 billion, a PE ratio of 12.88 and a beta of 0.41.
Institutional Trading of WisdomTree Japan Hedged Equity Fund
Institutional investors have recently made changes to their positions in the stock. Winnow Wealth LLC acquired a new position in shares of WisdomTree Japan Hedged Equity Fund in the second quarter worth $26,000. Darwin Wealth Management LLC acquired a new position in WisdomTree Japan Hedged Equity Fund in the 2nd quarter worth about $29,000. Howe & Rusling Inc. increased its position in WisdomTree Japan Hedged Equity Fund by 672.5% in the 2nd quarter. Howe & Rusling Inc. now owns 309 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 269 shares during the last quarter. WFA of San Diego LLC purchased a new stake in shares of WisdomTree Japan Hedged Equity Fund during the 2nd quarter worth about $46,000. Finally, Hilltop National Bank acquired a new stake in shares of WisdomTree Japan Hedged Equity Fund during the 2nd quarter valued at about $53,000.
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.