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

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) shares saw unusually-high trading volume on Friday . Approximately 497,438 shares were traded during mid-day trading, an increase of 121% from the previous session’s volume of 225,325 shares.The stock last traded at $29.97 and had previously closed at $30.52.

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund Stock Performance

The company has a 50 day moving average price of $31.36 and a 200 day moving average price of $31.46. The company has a market capitalization of $2.00 billion, a price-to-earnings ratio of 15.50 and a beta of 0.94.

Institutional Trading of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund

Several large investors have recently made changes to their positions in the company. Bank of New York Mellon Corp boosted its stake in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 24.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 83,417 shares of the company’s stock valued at $2,555,000 after purchasing an additional 16,479 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 14.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 36,401 shares of the company’s stock valued at $1,129,000 after purchasing an additional 4,510 shares during the last quarter. Marshall Wace LLP purchased a new position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund in the 2nd quarter worth approximately $317,000. Rise Advisors LLC boosted its stake in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 6.2% in the 3rd quarter. Rise Advisors LLC now owns 131,559 shares of the company’s stock worth $4,345,000 after buying an additional 7,635 shares during the last quarter. Finally, Highline Wealth Partners LLC purchased a new position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund in the 3rd quarter worth approximately $61,000.

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.