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

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) saw an uptick in trading volume on Wednesday . 187,792 shares were traded during 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 stock has a market cap of $523.75 million, a PE ratio of 15.81 and a beta of 0.33. The stock has a fifty day moving average price of $41.11 and a 200 day moving average price of $40.77.

WisdomTree China ex-State-Owned Enterprises Fund Dividend Announcement

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

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

Several institutional investors have recently made changes to their positions in CXSE. Royal Bank of Canada boosted its stake in shares of WisdomTree China ex-State-Owned Enterprises Fund by 344.8% during the 1st quarter. Royal Bank of Canada now owns 49,052 shares of the company’s stock worth $1,670,000 after purchasing an additional 38,024 shares during the period. Susquehanna International Group LLP lifted its stake in WisdomTree China ex-State-Owned Enterprises Fund by 92.0% in the third quarter. Susquehanna International Group LLP now owns 48,228 shares of the company’s stock worth $2,150,000 after purchasing an additional 23,114 shares during the last quarter. Avestar Capital LLC lifted its stake 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 worth $1,267,000 after purchasing an additional 8,402 shares during the last quarter. NewEdge Advisors LLC boosted its position in shares of WisdomTree China ex-State-Owned Enterprises Fund by 8.2% during the first quarter. NewEdge Advisors LLC now owns 21,214 shares of the company’s stock valued at $722,000 after buying an additional 1,610 shares during the period. Finally, Bank of America Corp DE grew its stake in shares of WisdomTree China ex-State-Owned Enterprises Fund by 4.7% during the second quarter. Bank of America Corp DE now owns 13,779 shares of the company’s stock valued at $474,000 after buying an additional 613 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.