WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) Stock Price Down 0.6% – Should You Sell?

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) shares fell 0.6% during trading on Wednesday . The company traded as low as $37.75 and last traded at $37.78. 104,732 shares changed hands during mid-day trading, a decline of 51% from the average session volume of 213,875 shares. The stock had previously closed at $38.02.

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund Stock Up 1.2%

The stock has a market cap of $2.07 billion, a P/E ratio of 17.70 and a beta of 0.67. The firm has a 50 day moving average price of $38.62 and a 200 day moving average price of $36.63.

Hedge Funds Weigh In On WisdomTree Emerging Markets ex-State-Owned Enterprises Fund

Hedge funds have recently modified their holdings of the company. Janney Montgomery Scott LLC purchased a new stake in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund during the 2nd quarter worth approximately $220,000. Prime Capital Investment Advisors LLC raised its stake in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 7.9% during the third quarter. Prime Capital Investment Advisors LLC now owns 9,447 shares of the company’s stock valued at $358,000 after purchasing an additional 690 shares in the last quarter. Mengis Capital Management Inc. lifted its position in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 1.8% during the second quarter. Mengis Capital Management Inc. now owns 16,397 shares of the company’s stock valued at $565,000 after purchasing an additional 290 shares during the last quarter. Strategic Wealth Partners Ltd. purchased a new position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund in the 3rd quarter worth $852,000. Finally, First Financial Corp IN increased its holdings in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 8.5% in the 2nd quarter. First Financial Corp IN now owns 26,270 shares of the company’s stock worth $906,000 after buying an additional 2,047 shares during the last quarter.

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund Company Profile

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.