WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Sees Large Volume Increase – Time to Buy?

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) shares saw strong trading volume on Thursday . 49,819 shares traded hands during trading, an increase of 135% from the previous session’s volume of 21,199 shares.The stock last traded at $42.17 and had previously closed at $42.16.

WisdomTree China ex-State-Owned Enterprises Fund Stock Down 1.4%

The firm has a market capitalization of $521.75 million, a price-to-earnings ratio of 15.81 and a beta of 0.33. The company’s fifty day moving average is $41.14 and its two-hundred day moving average is $40.52.

WisdomTree China ex-State-Owned Enterprises Fund Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Friday, December 26th were paid a $0.3284 dividend. The ex-dividend date of this dividend was Friday, December 26th. This represents a $1.31 dividend on an annualized basis and a dividend yield of 3.1%.

Institutional Investors Weigh In On WisdomTree China ex-State-Owned Enterprises Fund

A number of institutional investors have recently made changes to their positions in the stock. Activest Wealth Management bought a new position in WisdomTree China ex-State-Owned Enterprises Fund during the second quarter worth about $63,000. Corient Private Wealth LLC acquired a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund in the 2nd quarter valued at approximately $293,000. Belpointe Asset Management LLC acquired a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund in the 3rd quarter valued at approximately $209,000. Avestar Capital LLC boosted its stake in WisdomTree China ex-State-Owned Enterprises Fund by 42.0% during the 3rd quarter. Avestar Capital LLC now owns 28,422 shares of the company’s stock worth $1,267,000 after acquiring an additional 8,402 shares during the last quarter. Finally, Susquehanna International Group LLP boosted its stake in WisdomTree China ex-State-Owned Enterprises Fund by 92.0% during the 3rd quarter. Susquehanna International Group LLP now owns 48,228 shares of the company’s stock worth $2,150,000 after acquiring an additional 23,114 shares during the last quarter.

About WisdomTree China ex-State-Owned Enterprises Fund

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.