WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) Trading Down 0.5% – Here’s Why

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE)’s share price fell 0.5% during trading on Wednesday . The company traded as low as $32.44 and last traded at $32.57. 52,738 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 401,322 shares. The stock had previously closed at $32.74.

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

The firm’s 50 day moving average price is $31.98 and its two-hundred day moving average price is $30.90. The firm has a market cap of $2.16 billion, a price-to-earnings ratio of 15.50 and a beta of 0.94.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of XSOE. Exchange Capital Management Inc. boosted its position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 12.8% in the 1st quarter. Exchange Capital Management Inc. now owns 33,581 shares of the company’s stock worth $989,000 after buying an additional 3,807 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 13.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 10,653 shares of the company’s stock worth $314,000 after purchasing an additional 1,250 shares in the last quarter. Gould Asset Management LLC CA acquired a new position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund during the 1st quarter worth approximately $4,166,000. ESL Trust Services LLC lifted its stake in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 17.9% in the 1st quarter. ESL Trust Services LLC now owns 908,439 shares of the company’s stock valued at $26,763,000 after buying an additional 137,632 shares in the last quarter. Finally, OLD Mission Capital LLC grew its holdings in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 364.0% during the 1st quarter. OLD Mission Capital LLC now owns 3,026,723 shares of the company’s stock valued at $89,167,000 after buying an additional 2,374,466 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.