WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Shares Down 0.6% – Should You Sell?

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) shares fell 0.6% during mid-day trading on Wednesday . The company traded as low as $35.68 and last traded at $35.78. 6,469 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 68,463 shares. The stock had previously closed at $35.98.

WisdomTree China ex-State-Owned Enterprises Fund Stock Performance

The firm has a market capitalization of $468.77 million, a price-to-earnings ratio of 15.81 and a beta of 0.43. The business has a fifty day moving average of $37.90 and a two-hundred day moving average of $38.75.

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

Hedge funds have recently modified their holdings of the stock. Citadel Advisors LLC acquired a new position in WisdomTree China ex-State-Owned Enterprises Fund in the 2nd quarter valued at about $524,000. Corient Private Wealth LP acquired a new stake in WisdomTree China ex-State-Owned Enterprises Fund during the second quarter worth approximately $257,000. Summit Investment Advisory Services LLC acquired a new stake in WisdomTree China ex-State-Owned Enterprises Fund during the first quarter worth approximately $202,000. Finally, Cassaday & Co Wealth Management LLC bought a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund during the first quarter worth approximately $134,000.

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.