WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Sees Large Volume Increase – What’s Next?

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) shares saw unusually-high trading volume on Wednesday . Approximately 187,792 shares traded hands during mid-day trading, an increase of 210% from the previous session’s volume of 60,531 shares.The stock last traded at $41.51 and had previously closed at $41.05.

WisdomTree China ex-State-Owned Enterprises Fund Stock Performance

The firm has a market cap of $522.13 million, a P/E ratio of 15.81 and a beta of 0.33. The firm’s fifty day moving average is $41.10 and its 200 day moving average is $40.70.

WisdomTree China ex-State-Owned Enterprises Fund Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Friday, December 26th were given a $0.3284 dividend. The ex-dividend date of this dividend was Friday, December 26th. This represents a $1.31 annualized dividend and a dividend yield of 3.1%.

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

Several institutional investors have recently added to or reduced their stakes in CXSE. Bank of America Corp DE boosted its holdings in shares of WisdomTree China ex-State-Owned Enterprises Fund by 4.7% in the 2nd quarter. Bank of America Corp DE now owns 13,779 shares of the company’s stock valued at $474,000 after purchasing an additional 613 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of WisdomTree China ex-State-Owned Enterprises Fund by 8.2% during the 1st quarter. NewEdge Advisors LLC now owns 21,214 shares of the company’s stock worth $722,000 after buying an additional 1,610 shares in the last quarter. Activest Wealth Management bought a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund during the 2nd quarter worth $63,000. Belpointe Asset Management LLC acquired a new stake in WisdomTree China ex-State-Owned Enterprises Fund in the third quarter valued at about $209,000. Finally, Avestar Capital LLC grew its position in WisdomTree China ex-State-Owned Enterprises Fund by 42.0% in the third quarter. Avestar Capital LLC now owns 28,422 shares of the company’s stock valued at $1,267,000 after acquiring an additional 8,402 shares during the last quarter.

WisdomTree China ex-State-Owned Enterprises Fund Company Profile

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.