WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Shares Down 2.7% – What’s Next?

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) was down 2.7% during trading on Thursday. The stock traded as low as $31.85 and last traded at $31.94. Approximately 75,416 shares were traded during trading, an increase of 13% from the average session volume of 66,837 shares. The stock had previously closed at $32.81.

WisdomTree China ex-State-Owned Enterprises Fund Stock Down 2.7%

The stock has a market cap of $383.92 million, a P/E ratio of 15.81 and a beta of 0.43. The business’s 50-day simple moving average is $36.10 and its two-hundred day simple moving average is $38.15.

Institutional Trading of WisdomTree China ex-State-Owned Enterprises Fund

A number of institutional investors have recently modified their holdings of CXSE. Cassaday & Co Wealth Management LLC bought a new stake in WisdomTree China ex-State-Owned Enterprises Fund during the 1st quarter valued at $134,000. Summit Investment Advisory Services LLC purchased a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund during the first quarter worth $202,000. Corient Private Wealth LP purchased a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund in the second quarter valued at $257,000. Finally, Citadel Advisors LLC purchased a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund in the second quarter valued at $524,000.

About WisdomTree China ex-State-Owned Enterprises Fund

The WisdomTree China ex-State-Owned Enterprises Fund (CXSE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of Chinese companies that are not state-owned, defined as government ownership of less than 20%. CXSE was launched on Sep 19, 2012 and is managed by WisdomTree.