WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Trading Down 0.6% – Here’s What Happened

Shares of WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) fell 0.6% on Wednesday . The stock traded as low as $35.68 and last traded at $35.78. Approximately 6,469 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 68,463 shares. The stock had previously closed at $35.98.

WisdomTree China ex-State-Owned Enterprises Fund Price Performance

The company has a market capitalization of $460.67 million, a P/E ratio of 15.81 and a beta of 0.43. The stock has a 50-day moving average price of $37.96 and a 200-day moving average price of $38.77.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Citadel Advisors LLC acquired a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund in the 2nd quarter worth approximately $524,000. Corient Private Wealth LP acquired a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund during the second quarter worth $257,000. Cassaday & Co Wealth Management LLC bought a new position in WisdomTree China ex-State-Owned Enterprises Fund during the first quarter worth $134,000. Finally, Summit Investment Advisory Services LLC bought a new position in WisdomTree China ex-State-Owned Enterprises Fund during the first quarter worth $202,000.

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.