WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Shares Up 0.8% - Here's Why

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE - Get Free Report) shot up 0.8% during mid-day trading on Monday . The company traded as high as $33.84 and last traded at $33.78. 9,602 shares changed hands during trading, a decline of 73% from the average session volume of 35,001 shares. The stock had previously closed at $33.52.

WisdomTree China ex-State-Owned Enterprises Fund Price Performance

The stock's 50-day moving average is $33.14 and its 200-day moving average is $32.27. The stock has a market cap of $415.49 million, a price-to-earnings ratio of 16.57 and a beta of 0.57.

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

Hedge funds have recently bought and sold shares of the company. OLD Mission Capital LLC boosted its position in WisdomTree China ex-State-Owned Enterprises Fund by 552.5% during the first quarter. OLD Mission Capital LLC now owns 217,913 shares of the company's stock worth $7,418,000 after acquiring an additional 184,518 shares during the last quarter. Foundations Investment Advisors LLC acquired a new stake in WisdomTree China ex-State-Owned Enterprises Fund during the first quarter worth approximately $485,000. SBI Securities Co. Ltd. raised its stake in WisdomTree China ex-State-Owned Enterprises Fund by 12.3% during the first quarter. SBI Securities Co. Ltd. now owns 17,917 shares of the company's stock worth $610,000 after purchasing an additional 1,965 shares during the period. Castlekeep Investment Advisors LLC purchased a new position in WisdomTree China ex-State-Owned Enterprises Fund during the fourth quarter worth approximately $1,092,000. Finally, Jane Street Group LLC raised its stake in WisdomTree China ex-State-Owned Enterprises Fund by 50.1% during the fourth quarter. Jane Street Group LLC now owns 100,911 shares of the company's stock worth $3,015,000 after purchasing an additional 33,668 shares during the period.

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.

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