WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE - Get Free Report) shot up 0.8% during mid-day trading on Monday . The stock traded as high as $33.84 and last traded at $33.78. 9,602 shares changed hands during mid-day 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 business's 50-day moving average price is $33.37 and its 200-day moving average price is $32.31. The firm has a market capitalization of $420.78 million, a PE ratio of 16.57 and a beta of 0.57.
WisdomTree China ex-State-Owned Enterprises Fund Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Wednesday, June 25th will be issued a $0.315 dividend. The ex-dividend date of this dividend is Wednesday, June 25th. This is a boost from WisdomTree China ex-State-Owned Enterprises Fund's previous quarterly dividend of $0.11. This represents a $1.26 dividend on an annualized basis and a yield of 3.68%.
Institutional Trading of WisdomTree China ex-State-Owned Enterprises Fund
Several institutional investors and hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. acquired a new stake in WisdomTree China ex-State-Owned Enterprises Fund in the 4th quarter worth about $49,000. LPL Financial LLC lifted its position in WisdomTree China ex-State-Owned Enterprises Fund by 8.7% during the fourth quarter. LPL Financial LLC now owns 15,659 shares of the company's stock valued at $468,000 after buying an additional 1,257 shares in the last quarter. SBI Securities Co. Ltd. purchased a new stake in WisdomTree China ex-State-Owned Enterprises Fund during the fourth quarter worth approximately $477,000. Foundations Investment Advisors LLC acquired a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund in the first quarter worth $485,000. Finally, NewEdge Advisors LLC purchased a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund in the 4th quarter valued at $586,000.
WisdomTree China ex-State-Owned Enterprises Fund Company Profile
(
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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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