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

Shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) saw strong trading volume on Friday . 421,110 shares traded hands during trading, an increase of 32% from the previous session’s volume of 318,435 shares.The stock last traded at $32.04 and had previously closed at $31.08.

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund Stock Performance

The stock has a market capitalization of $1.72 billion, a P/E ratio of 16.45 and a beta of 0.68. The firm has a fifty day moving average price of $30.53 and a two-hundred day moving average price of $31.07.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of XSOE. Farther Finance Advisors LLC grew its position in shares of 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 valued at $72,000 after acquiring an additional 348 shares during the period. Ameriprise Financial Inc. lifted its position in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 0.3% during the fourth quarter. Ameriprise Financial Inc. now owns 325,310 shares of the company’s stock valued at $9,915,000 after purchasing an additional 899 shares in the last quarter. Fifth Third Securities Inc. grew its holdings in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 21.6% during the fourth quarter. Fifth Third Securities Inc. now owns 14,323 shares of the company’s stock valued at $437,000 after purchasing an additional 2,548 shares during the period. First Financial Corp IN increased its position in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 13.8% in the first quarter. First Financial Corp IN now owns 24,223 shares of the company’s stock worth $748,000 after buying an additional 2,930 shares in the last quarter. Finally, Exchange Capital Management Inc. raised its stake in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 9.8% in the fourth quarter. Exchange Capital Management Inc. now owns 42,442 shares of the company’s stock worth $1,294,000 after buying an additional 3,773 shares during the period.

About WisdomTree Emerging Markets ex-State-Owned Enterprises Fund

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.