WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Stock Price Down 2.3% - Should You Sell?

Key Points

• Shares fell 2.3% to $37.35 on Friday with only 31,796 shares traded—about an 81% drop from the average session volume—indicating low liquidity amid the pullback.
• The fund is trading below its 50‑day ($40.39) and 200‑day ($41.41) moving averages; it has a market cap of $425.0M, a PE of 15.81 and a low beta of 0.33.
• WisdomTree China ex‑State‑Owned Enterprises Fund targets Chinese companies with less than 20% government ownership and recently paid a quarterly dividend of $0.3284 (annualized $1.31), implying a 3.5% yield.

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE - ) shares fell 2.3% during mid-day trading on Friday . The stock traded as low as $37.29 and last traded at $37.35. 31,796 shares changed hands during trading, a decline of 81% from the average session volume of 166,428 shares. The stock had previously closed at $38.24.

WisdomTree China ex-State-Owned Enterprises Fund Price Performance

The company's 50 day moving average price is $40.39 and its 200 day moving average price is $41.41. The firm has a market cap of $425.04 million, a PE ratio of 15.81 and a beta of 0.33.

WisdomTree China ex-State-Owned Enterprises Fund Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Friday, December 26th were issued a dividend of $0.3284 per share. The ex-dividend date was Friday, December 26th. This represents a $1.31 dividend on an annualized basis and a yield of 3.5%.

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

Several institutional investors have recently modified their holdings of CXSE. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund in the fourth quarter valued at $33,000. Ankerstar Wealth LLC purchased a new position in WisdomTree China ex-State-Owned Enterprises Fund in the fourth quarter valued at $60,000. Wells Fargo & Company MN grew its stake in WisdomTree China ex-State-Owned Enterprises Fund by 168.1% during the 4th quarter. Wells Fargo & Company MN now owns 2,871 shares of the company's stock worth $115,000 after purchasing an additional 1,800 shares in the last quarter. Belpointe Asset Management LLC acquired a new position in WisdomTree China ex-State-Owned Enterprises Fund during the 3rd quarter worth $209,000. Finally, Granville Capital Inc. purchased a new stake in WisdomTree China ex-State-Owned Enterprises Fund during the 4th quarter worth about $253,000.

About WisdomTree China ex-State-Owned Enterprises Fund

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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