WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) Sees Large Volume Increase – Time to Buy?

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) shares saw unusually-strong trading volume on Thursday . Approximately 1,120,591 shares traded hands during mid-day trading, an increase of 371% from the previous session’s volume of 237,930 shares.The stock last traded at $31.22 and had previously closed at $31.56.

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund Trading Down 1.3 %

The stock has a 50 day moving average price of $30.91 and a two-hundred day moving average price of $31.51. The company has a market cap of $1.61 billion, a price-to-earnings ratio of 17.35 and a beta of 0.74.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Ameriprise Financial Inc. raised its stake in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 0.3% during the 4th quarter. Ameriprise Financial Inc. now owns 325,310 shares of the company’s stock worth $9,915,000 after buying an additional 899 shares during the period. Integrated Wealth Concepts LLC grew its holdings in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 21.1% during the fourth quarter. Integrated Wealth Concepts LLC now owns 31,054 shares of the company’s stock worth $947,000 after buying an additional 5,417 shares in the last quarter. Keystone Financial Group acquired a new stake in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund in the 4th quarter valued at approximately $390,000. Invenio Wealth Partners LLC lifted its stake in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 6.5% in the 4th quarter. Invenio Wealth Partners LLC now owns 275,692 shares of the company’s stock valued at $8,403,000 after acquiring an additional 16,777 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its position in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 17.3% during the 4th quarter. Farther Finance Advisors LLC now owns 2,359 shares of the company’s stock worth $72,000 after acquiring an additional 348 shares during the last quarter.

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund Company Profile

The WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of emerging market companies, excluding state-owned enterprises. XSOE was launched on Dec 10, 2014 and is managed by WisdomTree.