WisdomTree Japan Hedged SmallCap Equity Fund (NASDAQ:DXJS) Shares Down 0.6% - Here's Why

Key Points

• The WisdomTree Japan Hedged SmallCap Equity Fund's shares declined by 0.6%, trading at $42.59 after reaching a low of $42.46.
• The fund has a market capitalization of $93.70 million and a price-to-earnings ratio of 11.40.
• Institutional investors have increased their holdings in the fund significantly, with notable increases from firms like Bank of America Corp DE and Mainstay Capital Management LLC.

Shares of WisdomTree Japan Hedged SmallCap Equity Fund (NASDAQ:DXJS - ) traded down 0.6% on Wednesday . The company traded as low as $42.46 and last traded at $42.59. 5,426 shares traded hands during trading, a decline of 67% from the average session volume of 16,583 shares. The stock had previously closed at $42.83.

WisdomTree Japan Hedged SmallCap Equity Fund Stock Performance

The firm has a market cap of $93.70 million, a price-to-earnings ratio of 11.40 and a beta of 0.49. The firm has a 50 day moving average price of $41.29.

Institutional Investors Weigh In On WisdomTree Japan Hedged SmallCap Equity Fund

Large investors have recently modified their holdings of the business. Bank of America Corp DE lifted its holdings in shares of WisdomTree Japan Hedged SmallCap Equity Fund by 11.0% during the second quarter. Bank of America Corp DE now owns 172,059 shares of the company's stock worth $6,290,000 after purchasing an additional 17,008 shares during the period. Mainstay Capital Management LLC ADV lifted its holdings in shares of WisdomTree Japan Hedged SmallCap Equity Fund by 100.0% during the second quarter. Mainstay Capital Management LLC ADV now owns 99,020 shares of the company's stock worth $3,620,000 after purchasing an additional 49,510 shares during the period. Flow Traders U.S. LLC lifted its holdings in shares of WisdomTree Japan Hedged SmallCap Equity Fund by 100.5% during the second quarter. Flow Traders U.S. LLC now owns 80,848 shares of the company's stock worth $2,956,000 after purchasing an additional 40,517 shares during the period. Jane Street Group LLC lifted its holdings in shares of WisdomTree Japan Hedged SmallCap Equity Fund by 147.8% during the second quarter. Jane Street Group LLC now owns 56,988 shares of the company's stock worth $2,083,000 after purchasing an additional 33,986 shares during the period. Finally, D.A. Davidson & CO. lifted its holdings in shares of WisdomTree Japan Hedged SmallCap Equity Fund by 7.5% during the second quarter. D.A. Davidson & CO. now owns 49,658 shares of the company's stock worth $1,815,000 after purchasing an additional 3,471 shares during the period.

About WisdomTree Japan Hedged SmallCap Equity Fund

The WisdomTree Japan Hedged SmallCap Equity Fund (DXJS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a dividend-weighted index of Japanese small-cap stocks. The fund is hedged for currency fluctuations between the USD and JPY. DXJS was launched on Jun 28, 2013 and is managed by WisdomTree.

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