WisdomTree India Earnings Fund (NYSEARCA:EPI) Stock Price Passes Below 200 Day Moving Average – Here’s Why

Shares of WisdomTree India Earnings Fund (NYSEARCA:EPI) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $48.06 and traded as low as $45.44. WisdomTree India Earnings Fund shares last traded at $45.51, with a volume of 1,732,750 shares.

WisdomTree India Earnings Fund Stock Performance

The business’s fifty day moving average price is $48.60 and its 200-day moving average price is $48.06. The stock has a market cap of $3.04 billion, a PE ratio of 16.06 and a beta of 0.57.

Hedge Funds Weigh In On WisdomTree India Earnings Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the business. CWM LLC increased its position in WisdomTree India Earnings Fund by 46.6% in the second quarter. CWM LLC now owns 648 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 206 shares in the last quarter. Lynx Investment Advisory bought a new stake in WisdomTree India Earnings Fund during the 2nd quarter worth approximately $34,000. ORG Partners LLC bought a new position in shares of WisdomTree India Earnings Fund in the third quarter worth approximately $35,000. Park Place Capital Corp purchased a new stake in shares of WisdomTree India Earnings Fund in the second quarter worth $37,000. Finally, Rothschild Investment LLC purchased a new stake in shares of WisdomTree India Earnings Fund in the second quarter worth $39,000.

WisdomTree India Earnings Fund Company Profile

WisdomTree India Earnings Fund (The Fund) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree India Earnings Index. The Index measures the performance of profitable companies incorporated and traded in India that are eligible to be purchased by foreign investors and that meet specific criteria developed by WisdomTree Investments.