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) saw strong trading volume on Friday . 237,254 shares changed hands during 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 50-day simple moving average of $31.49 and a two-hundred day simple moving average of $31.47. The firm has a market cap of $2.04 billion, a PE ratio of 15.50 and a beta of 0.94.

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

A number of hedge funds have recently bought and sold shares of the company. Highline Wealth Partners LLC bought a new position in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund during the third quarter valued at approximately $61,000. Prime Capital Investment Advisors LLC boosted its stake in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 7.9% in the 3rd 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 in the last quarter. Marshall Wace LLP bought a new position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund during the 2nd quarter valued at $317,000. MAI Capital Management raised its position in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 5.8% in the 3rd quarter. MAI Capital Management now owns 30,314 shares of the company’s stock worth $1,001,000 after purchasing an additional 1,653 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 14.1% in the second quarter. EverSource Wealth Advisors LLC now owns 36,401 shares of the company’s stock worth $1,129,000 after purchasing an additional 4,510 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.