WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) Reaches New 52-Week High – Still a Buy?

Shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) reached a new 52-week high during trading on Wednesday . The company traded as high as $38.90 and last traded at $38.42, with a volume of 180334 shares trading hands. The stock had previously closed at $38.68.

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund Trading Down 0.7%

The company has a market cap of $2.10 billion, a price-to-earnings ratio of 17.70 and a beta of 0.78. The stock’s fifty day simple moving average is $36.46 and its 200 day simple moving average is $33.89.

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

A number of hedge funds have recently bought and sold shares of the business. Montecito Bank & Trust acquired a new stake in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund in the 3rd quarter valued at about $1,607,000. Ameriprise Financial Inc. raised its position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 4.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 229,700 shares of the company’s stock valued at $7,918,000 after buying an additional 10,467 shares during the period. ESL Trust Services LLC raised its position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 0.4% during the 2nd quarter. ESL Trust Services LLC now owns 980,944 shares of the company’s stock valued at $33,823,000 after buying an additional 3,487 shares during the period. JPMorgan Chase & Co. raised its position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 1.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 138,890 shares of the company’s stock valued at $4,789,000 after buying an additional 1,784 shares during the period. Finally, Mengis Capital Management Inc. raised its position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 1.8% during the 2nd quarter. Mengis Capital Management Inc. now owns 16,397 shares of the company’s stock valued at $565,000 after buying an additional 290 shares during the period.

About WisdomTree Emerging Markets ex-State-Owned Enterprises Fund

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.