WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) Sees Strong Trading Volume – What’s Next?

Shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) saw unusually-high trading volume on Tuesday . Approximately 3,002,226 shares traded hands during trading, an increase of 1,329% from the previous session’s volume of 210,045 shares.The stock last traded at $38.1950 and had previously closed at $38.39.

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund Trading Down 1.5%

The company has a market cap of $2.01 billion, a PE ratio of 17.70 and a beta of 0.67. The business’s 50 day moving average is $38.47 and its two-hundred day moving average is $35.80.

Hedge Funds Weigh In On WisdomTree Emerging Markets ex-State-Owned Enterprises Fund

A number of hedge funds have recently made changes to their positions in XSOE. OLD Mission Capital LLC increased its holdings in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 120.3% in the 1st quarter. OLD Mission Capital LLC now owns 166,785 shares of the company’s stock valued at $5,149,000 after acquiring an additional 91,083 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund in the third quarter worth about $2,976,000. Montecito Bank & Trust bought a new stake in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund in the third quarter worth about $1,607,000. Gould Asset Management LLC CA lifted its position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 15.2% in the third quarter. Gould Asset Management LLC CA now owns 255,701 shares of the company’s stock worth $9,701,000 after buying an additional 33,825 shares in the last quarter. Finally, Strategic Wealth Partners Ltd. bought a new position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund during the 3rd quarter valued at approximately $852,000.

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.