WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) Stock Price Down 0.5% – What’s Next?

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) dropped 0.5% during trading on Wednesday . The company traded as low as $32.44 and last traded at $32.57. Approximately 52,738 shares changed hands during trading, a decline of 87% from the average daily volume of 401,322 shares. The stock had previously closed at $32.74.

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

The stock has a market capitalization of $2.16 billion, a P/E ratio of 15.50 and a beta of 0.94. The stock has a 50-day simple moving average of $32.03 and a 200 day simple moving average of $30.93.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Exchange Capital Management Inc. boosted its position in shares of 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 worth $1,060,000 after purchasing an additional 1,036 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in shares of 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 purchasing an additional 1,250 shares during the last quarter. First Financial Corp IN boosted its position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 11.7% in the 2nd quarter. First Financial Corp IN now owns 15,389 shares of the company’s stock worth $471,000 after purchasing an additional 1,607 shares during the last quarter. Highline Wealth Partners LLC bought a new position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund in the 3rd quarter worth $61,000. Finally, Comerica Bank boosted its position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 22.3% in the 1st quarter. Comerica Bank now owns 14,439 shares of the company’s stock worth $425,000 after purchasing an additional 2,636 shares during 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.