WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) Trading Down 0.3% – Should You Sell?

Shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) dropped 0.3% during trading on Friday . The company traded as low as $31.77 and last traded at $31.84. Approximately 274,654 shares changed hands during trading, an increase of 22% from the average daily volume of 225,128 shares. The stock had previously closed at $31.93.

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund Stock Down 0.3 %

The company has a market capitalization of $2.11 billion, a PE ratio of 15.50 and a beta of 0.94. The business’s 50 day simple moving average is $30.91 and its 200 day simple moving average is $31.47.

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

A number of hedge funds have recently bought and sold shares of XSOE. Keystone Financial Group acquired a new position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund in the 4th quarter valued at about $390,000. Invenio Wealth Partners LLC increased its holdings in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 6.5% in the 4th quarter. Invenio Wealth Partners LLC now owns 275,692 shares of the company’s stock valued at $8,403,000 after purchasing an additional 16,777 shares during the period. Farther Finance Advisors LLC increased its holdings in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 17.3% in the 4th quarter. Farther Finance Advisors LLC now owns 2,359 shares of the company’s stock valued at $72,000 after purchasing an additional 348 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 17.8% in the 4th quarter. Bank of New York Mellon Corp now owns 112,337 shares of the company’s stock valued at $3,424,000 after purchasing an additional 16,942 shares during the period. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 10.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 41,605 shares of the company’s stock valued at $1,268,000 after purchasing an additional 4,024 shares during the period.

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.