WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) Sees Unusually-High Trading Volume – Still a Buy?

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) shares saw an uptick in trading volume on Friday . 237,254 shares were traded during mid-day trading, an increase of 96% from the previous session’s volume of 121,234 shares.The stock last traded at $30.77 and had previously closed at $30.48.

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund Stock Up 1.0 %

The stock has a market capitalization of $2.04 billion, a PE ratio of 15.50 and a beta of 0.94. The firm’s fifty day moving average is $31.53 and its 200-day moving average is $31.47.

Institutional Investors Weigh In On WisdomTree Emerging Markets ex-State-Owned Enterprises Fund

Several institutional investors have recently modified their holdings of the company. Flow Traders U.S. LLC acquired a new stake in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund in the 3rd quarter valued at about $80,187,000. MAI Capital Management lifted its holdings in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 5.8% in the third quarter. MAI Capital Management now owns 30,314 shares of the company’s stock valued at $1,001,000 after purchasing an additional 1,653 shares in the last quarter. Prime Capital Investment Advisors LLC grew its position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 7.9% in the third quarter. Prime Capital Investment Advisors LLC now owns 8,173 shares of the company’s stock valued at $270,000 after purchasing an additional 600 shares during the last quarter. Highline Wealth Partners LLC purchased a new position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund during the 3rd quarter worth approximately $61,000. Finally, Rise Advisors LLC raised its position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 6.2% during the 3rd quarter. Rise Advisors LLC now owns 131,559 shares of the company’s stock worth $4,345,000 after purchasing an additional 7,635 shares during the last quarter.

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund Company Profile

The WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of emerging market companies, excluding state-owned enterprises. XSOE was launched on Dec 10, 2014 and is managed by WisdomTree.