Shares of WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE - Get Free Report) traded up 0.8% during mid-day trading on Wednesday . The stock traded as high as $37.58 and last traded at $37.54. 14,450 shares traded hands during trading, a decline of 52% from the average session volume of 30,112 shares. The stock had previously closed at $37.25.
WisdomTree China ex-State-Owned Enterprises Fund Stock Up 0.1%
The firm has a fifty day moving average price of $35.35 and a 200-day moving average price of $33.65. The firm has a market cap of $459.90 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 company also recently announced a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Wednesday, June 25th were issued a $0.315 dividend. The ex-dividend date was Wednesday, June 25th. This is an increase 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 3.4%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CXSE. JPMorgan Chase & Co. acquired a new position in WisdomTree China ex-State-Owned Enterprises Fund in the fourth quarter valued at $49,000. Activest Wealth Management acquired a new position in WisdomTree China ex-State-Owned Enterprises Fund in the second quarter valued at $63,000. LPL Financial LLC boosted its holdings in WisdomTree China ex-State-Owned Enterprises Fund by 8.7% in the fourth quarter. LPL Financial LLC now owns 15,659 shares of the company's stock valued at $468,000 after acquiring an additional 1,257 shares during the last quarter. Foundations Investment Advisors LLC acquired a new position in WisdomTree China ex-State-Owned Enterprises Fund in the first quarter valued at $485,000. Finally, NewEdge Advisors LLC acquired a new position in WisdomTree China ex-State-Owned Enterprises Fund in the fourth 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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