WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Trading Down 1% – Time to Sell?

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE)’s share price traded down 1% during trading on Wednesday . The company traded as low as $38.94 and last traded at $38.9350. 5,833 shares were traded during mid-day trading, a decline of 94% from the average session volume of 92,893 shares. The stock had previously closed at $39.33.

WisdomTree China ex-State-Owned Enterprises Fund Price Performance

The company has a market capitalization of $512.97 million, a PE ratio of 15.81 and a beta of 0.41. The company has a 50-day moving average of $40.02 and a two-hundred day moving average of $40.16.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in CXSE. Royal Bank of Canada grew its stake in shares of WisdomTree China ex-State-Owned Enterprises Fund by 27.1% during the 4th quarter. Royal Bank of Canada now owns 82,562 shares of the company’s stock valued at $3,312,000 after acquiring an additional 17,616 shares during the period. OLD Mission Capital LLC bought a new stake in WisdomTree China ex-State-Owned Enterprises Fund during the 4th quarter worth approximately $2,069,000. Susquehanna International Group LLP raised its stake in WisdomTree China ex-State-Owned Enterprises Fund by 92.0% during the 3rd quarter. Susquehanna International Group LLP now owns 48,228 shares of the company’s stock worth $2,150,000 after acquiring an additional 23,114 shares during the period. SOL Capital Management CO lifted its holdings in WisdomTree China ex-State-Owned Enterprises Fund by 1.9% during the fourth quarter. SOL Capital Management CO now owns 41,672 shares of the company’s stock valued at $1,671,000 after purchasing an additional 760 shares in the last quarter. Finally, Avestar Capital LLC lifted its holdings in WisdomTree China ex-State-Owned Enterprises Fund by 42.0% during the third quarter. Avestar Capital LLC now owns 28,422 shares of the company’s stock valued at $1,267,000 after purchasing an additional 8,402 shares in the last quarter.

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.