WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Shares Up 1.6%

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE)’s share price shot up 1.6% during mid-day trading on Wednesday . The company traded as high as $26.05 and last traded at $25.99. 36,251 shares were traded during trading, a decline of 44% from the average session volume of 65,031 shares. The stock had previously closed at $25.59.

WisdomTree China ex-State-Owned Enterprises Fund Stock Up 1.6 %

The business has a 50-day moving average price of $26.33 and a 200-day moving average price of $27.06. The company has a market capitalization of $338.39 million, a price-to-earnings ratio of 14.63 and a beta of 0.57.

WisdomTree China ex-State-Owned Enterprises Fund Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, June 27th. Stockholders of record on Tuesday, June 25th were given a dividend of $0.285 per share. The ex-dividend date of this dividend was Tuesday, June 25th. This is a positive change from WisdomTree China ex-State-Owned Enterprises Fund’s previous dividend of $0.13.

Institutional Investors Weigh In On WisdomTree China ex-State-Owned Enterprises Fund

Institutional investors and hedge funds have recently modified their holdings of the stock. Jane Street Group LLC raised its position in WisdomTree China ex-State-Owned Enterprises Fund by 384.4% during the first quarter. Jane Street Group LLC now owns 424,420 shares of the company’s stock valued at $11,196,000 after buying an additional 336,807 shares during the period. OLD Mission Capital LLC raised its position in WisdomTree China ex-State-Owned Enterprises Fund by 591.3% during the fourth quarter. OLD Mission Capital LLC now owns 326,335 shares of the company’s stock valued at $9,144,000 after buying an additional 279,128 shares during the period. Syon Capital LLC acquired a new position in WisdomTree China ex-State-Owned Enterprises Fund during the fourth quarter valued at $3,726,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in WisdomTree China ex-State-Owned Enterprises Fund during the first quarter valued at $1,464,000. Finally, Foundations Investment Advisors LLC acquired a new position in WisdomTree China ex-State-Owned Enterprises Fund during the second quarter valued at $862,000.

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.