WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) Sees Unusually-High Trading Volume – Should You Buy?

Shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) saw strong trading volume on Friday . 497,438 shares traded hands during mid-day trading, an increase of 121% from the previous session’s volume of 225,325 shares.The stock last traded at $29.97 and had previously closed at $30.52.

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

The company has a market cap of $2.00 billion, a P/E ratio of 15.50 and a beta of 0.94. The business’s fifty day moving average is $31.36 and its 200 day moving average is $31.46.

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

A number of hedge funds have recently modified their holdings of the stock. Flow Traders U.S. LLC purchased a new stake in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund during the third quarter worth $80,187,000. Rise Advisors LLC raised its position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 6.2% in the third quarter. Rise Advisors LLC now owns 131,559 shares of the company’s stock worth $4,345,000 after buying an additional 7,635 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 24.6% in the second quarter. Bank of New York Mellon Corp now owns 83,417 shares of the company’s stock worth $2,555,000 after buying an additional 16,479 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 14.1% during the second quarter. EverSource Wealth Advisors LLC now owns 36,401 shares of the company’s stock valued at $1,129,000 after purchasing an additional 4,510 shares in the last quarter. Finally, MAI Capital Management raised its position in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 5.8% during the third quarter. MAI Capital Management now owns 30,314 shares of the company’s stock valued at $1,001,000 after purchasing an additional 1,653 shares in the last quarter.

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.