WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) Stock Price Down 0.8% – Should You Sell?

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE)’s share price fell 0.8% during mid-day trading on Wednesday . The company traded as low as $31.16 and last traded at $31.22. 89,370 shares traded hands during trading, a decline of 78% from the average session volume of 401,343 shares. The stock had previously closed at $31.46.

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund Stock Performance

The stock has a 50 day moving average of $32.30 and a 200-day moving average of $31.24. The company has a market cap of $2.06 billion, a PE ratio of 15.50 and a beta of 0.94.

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

Hedge funds have recently bought and sold shares of the stock. Prime Capital Investment Advisors LLC increased its position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 7.9% in the third quarter. Prime Capital Investment Advisors LLC now owns 8,173 shares of the company’s stock valued at $270,000 after buying an additional 600 shares in the last quarter. Exchange Capital Management Inc. grew its stake in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 3.1% in the 2nd quarter. Exchange Capital Management Inc. now owns 34,617 shares of the company’s stock valued at $1,060,000 after acquiring an additional 1,036 shares during the period. Janney Montgomery Scott LLC increased its holdings in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 13.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 10,653 shares of the company’s stock worth $314,000 after acquiring an additional 1,250 shares in the last quarter. First Financial Corp IN raised its position in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 11.7% during the second quarter. First Financial Corp IN now owns 15,389 shares of the company’s stock worth $471,000 after acquiring an additional 1,607 shares during the period. Finally, MAI Capital Management lifted its holdings 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.

About WisdomTree Emerging Markets ex-State-Owned Enterprises Fund

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.