WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $40.96 and last traded at $40.96, with a volume of 21439 shares changing hands. The stock had previously closed at $40.88.
WisdomTree China ex-State-Owned Enterprises Fund Price Performance
The firm's 50-day moving average price is $37.55 and its 200 day moving average price is $34.79. The firm has a market capitalization of $507.01 million, a price-to-earnings ratio of 15.81 and a beta of 0.57.
WisdomTree China ex-State-Owned Enterprises Fund Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Wednesday, June 25th were issued a dividend of $0.315 per share. This represents a $1.26 annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Wednesday, June 25th. This is a positive change from WisdomTree China ex-State-Owned Enterprises Fund's previous quarterly dividend of $0.11.
Institutional Investors Weigh In On WisdomTree China ex-State-Owned Enterprises Fund
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Activest Wealth Management purchased a new stake in WisdomTree China ex-State-Owned Enterprises Fund during the 2nd quarter worth $63,000. Corient Private Wealth LLC purchased a new stake in WisdomTree China ex-State-Owned Enterprises Fund during the 2nd quarter worth $293,000. Bank of America Corp DE increased its stake in WisdomTree China ex-State-Owned Enterprises Fund by 4.7% during the 2nd quarter. Bank of America Corp DE now owns 13,779 shares of the company's stock worth $474,000 after buying an additional 613 shares during the period. Foundations Investment Advisors LLC purchased a new stake in WisdomTree China ex-State-Owned Enterprises Fund during the 1st quarter worth $485,000. Finally, SBI Securities Co. Ltd. increased its stake in WisdomTree China ex-State-Owned Enterprises Fund by 12.3% during the 1st quarter. SBI Securities Co. Ltd. now owns 17,917 shares of the company's stock worth $610,000 after buying an additional 1,965 shares during the period.
About WisdomTree China ex-State-Owned Enterprises Fund
(
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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.
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