WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) Stock Crosses Below 200 Day Moving Average – Here’s Why

WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $107.62 and traded as low as $106.35. WisdomTree Japan Hedged Equity Fund shares last traded at $106.71, with a volume of 219,820 shares changing hands.

WisdomTree Japan Hedged Equity Fund Price Performance

The stock has a market cap of $4.70 billion, a PE ratio of 12.00 and a beta of 0.65. The stock has a 50-day moving average price of $105.56 and a two-hundred day moving average price of $107.62.

Hedge Funds Weigh In On WisdomTree Japan Hedged Equity Fund

Institutional investors have recently bought and sold shares of the business. Cetera Advisors LLC boosted its position in shares of WisdomTree Japan Hedged Equity Fund by 2,361.8% during the first quarter. Cetera Advisors LLC now owns 190,842 shares of the exchange traded fund’s stock valued at $20,706,000 after buying an additional 183,090 shares during the period. Cetera Investment Advisers increased its position in WisdomTree Japan Hedged Equity Fund by 504.4% during the 1st quarter. Cetera Investment Advisers now owns 201,928 shares of the exchange traded fund’s stock valued at $21,909,000 after purchasing an additional 168,520 shares during the period. Mainstay Capital Management LLC ADV purchased a new position in WisdomTree Japan Hedged Equity Fund during the first quarter valued at approximately $15,888,000. International Assets Investment Management LLC increased its holdings in shares of WisdomTree Japan Hedged Equity Fund by 9,982.5% in the 3rd quarter. International Assets Investment Management LLC now owns 117,360 shares of the exchange traded fund’s stock valued at $12,440,000 after acquiring an additional 116,196 shares during the period. Finally, LPL Financial LLC raised its holdings in WisdomTree Japan Hedged Equity Fund by 14.2% in the second quarter. LPL Financial LLC now owns 917,779 shares of the exchange traded fund’s stock worth $103,544,000 after purchasing an additional 113,968 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.