WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) saw unusually-high trading volume on Friday . Approximately 497,438 shares changed 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 Stock Down 1.7 %

The company has a market cap of $1.99 billion, a price-to-earnings ratio of 15.50 and a beta of 0.94. The firm has a 50 day moving average price of $31.32 and a two-hundred day moving average price of $31.46.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in XSOE. Highline Wealth Partners LLC acquired a new position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund in the 3rd quarter valued at about $61,000. Prime Capital Investment Advisors LLC lifted its position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 7.9% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 8,173 shares of the company’s stock valued at $270,000 after acquiring an additional 600 shares during the period. Marshall Wace LLP bought a new position in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund during the second quarter worth $317,000. MAI Capital Management grew its holdings in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 5.8% in the third quarter. MAI Capital Management now owns 30,314 shares of the company’s stock worth $1,001,000 after purchasing an additional 1,653 shares during the period. Finally, EverSource Wealth Advisors LLC increased its stake in 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 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.