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

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) saw unusually-high trading volume on Friday . Approximately 237,254 shares were traded during trading, an increase of 96% from the previous session’s volume of 121,234 shares.The stock last traded at $30.77 and had previously closed at $30.48.

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund Trading Up 1.0 %

The stock’s 50-day moving average is $31.53 and its 200-day moving average is $31.47. The stock has a market cap of $2.04 billion, a price-to-earnings ratio of 15.50 and a beta of 0.94.

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

Several large investors have recently made changes to their positions in XSOE. Flow Traders U.S. LLC purchased a new stake in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund during the 3rd quarter valued at about $80,187,000. Bank of New York Mellon Corp raised its stake in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 24.6% during the second quarter. Bank of New York Mellon Corp now owns 83,417 shares of the company’s stock valued at $2,555,000 after purchasing an additional 16,479 shares during the period. Marshall Wace LLP acquired a new position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund during the second quarter worth $317,000. Rise Advisors LLC lifted its position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 6.2% during the third quarter. Rise Advisors LLC now owns 131,559 shares of the company’s stock worth $4,345,000 after purchasing an additional 7,635 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 14.1% in 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 during the period.

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.