WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Trading Up 1.5% – Here’s Why

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSEGet Free Report)’s share price rose 1.5% on Friday . The stock traded as high as $39.48 and last traded at $39.43. Approximately 9,419 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 77,679 shares. The stock had previously closed at $38.86.

WisdomTree China ex-State-Owned Enterprises Fund Stock Performance

The firm has a market capitalization of $507.86 million, a P/E ratio of 15.81 and a beta of 0.43. The firm’s 50-day moving average is $38.66 and its 200 day moving average is $39.45.

Institutional Trading of WisdomTree China ex-State-Owned Enterprises Fund

Institutional investors have recently modified their holdings of the company. Royal Bank of Canada grew its holdings in shares of WisdomTree China ex-State-Owned Enterprises Fund by 344.8% during the first quarter. Royal Bank of Canada now owns 49,052 shares of the company’s stock worth $1,670,000 after buying an additional 38,024 shares in the last quarter. NewEdge Advisors LLC lifted its stake in WisdomTree China ex-State-Owned Enterprises Fund by 8.2% in the 1st quarter. NewEdge Advisors LLC now owns 21,214 shares of the company’s stock valued at $722,000 after acquiring an additional 1,610 shares in the last quarter. Bank of America Corp DE boosted its position in WisdomTree China ex-State-Owned Enterprises Fund by 4.7% during the 2nd quarter. Bank of America Corp DE now owns 13,779 shares of the company’s stock worth $474,000 after acquiring an additional 613 shares during the last quarter. Corient Private Wealth LLC acquired a new position in WisdomTree China ex-State-Owned Enterprises Fund during the 2nd quarter worth approximately $293,000. Finally, Susquehanna International Group LLP grew its stake in shares of 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 in the last quarter.

About WisdomTree China ex-State-Owned Enterprises Fund

(Get Free Report)

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.

Further Reading

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