WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Trading 1.5% Higher – Time to Buy?

Shares of WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSEGet Free Report) rose 1.5% during mid-day trading on Friday . The stock traded as high as $39.48 and last traded at $39.43. 9,419 shares traded hands during mid-day trading, a decline of 88% from the average daily volume of 77,679 shares. The stock had previously closed at $38.86.

WisdomTree China ex-State-Owned Enterprises Fund Price Performance

The business has a 50-day moving average of $38.66 and a 200 day moving average of $39.45. The company has a market capitalization of $507.86 million, a PE ratio of 15.81 and a beta of 0.43.

Institutional Trading of WisdomTree China ex-State-Owned Enterprises Fund

Hedge funds have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. bought a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund during the 4th quarter valued at approximately $33,000. Ankerstar Wealth LLC bought a new stake in WisdomTree China ex-State-Owned Enterprises Fund in the fourth quarter worth $60,000. Wells Fargo & Company MN raised its stake in WisdomTree China ex-State-Owned Enterprises Fund by 168.1% during the fourth quarter. Wells Fargo & Company MN now owns 2,871 shares of the company’s stock valued at $115,000 after purchasing an additional 1,800 shares in the last quarter. Cassaday & Co Wealth Management LLC purchased a new stake in WisdomTree China ex-State-Owned Enterprises Fund during the first quarter valued at $134,000. Finally, Summit Investment Advisory Services LLC bought a new position in WisdomTree China ex-State-Owned Enterprises Fund during the first quarter valued at $202,000.

WisdomTree China ex-State-Owned Enterprises Fund Company Profile

(Get Free Report)

The WisdomTree China ex-State-Owned Enterprises Fund (CXSE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of Chinese companies that are not state-owned, defined as government ownership of less than 20%. CXSE was launched on Sep 19, 2012 and is managed by WisdomTree.

Further Reading

Receive News & Ratings for WisdomTree China ex-State-Owned Enterprises Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree China ex-State-Owned Enterprises Fund and related companies with MarketBeat.com's FREE daily email newsletter.