WisdomTree India Earnings Fund (NYSEARCA:EPI) Sees Unusually-High Trading Volume – Time to Buy?

WisdomTree India Earnings Fund (NYSEARCA:EPI) saw unusually-strong trading volume on Friday . Approximately 1,959,819 shares traded hands during trading, an increase of 113% from the previous session’s volume of 919,065 shares.The stock last traded at $43.94 and had previously closed at $45.01.

WisdomTree India Earnings Fund Price Performance

The stock has a market capitalization of $2.93 billion, a P/E ratio of 16.06 and a beta of 0.57. The stock’s fifty day moving average price is $46.59 and its 200 day moving average price is $48.20.

Hedge Funds Weigh In On WisdomTree India Earnings Fund

Hedge funds and other institutional investors have recently made changes to their positions in the company. ORG Partners LLC bought a new position in shares of WisdomTree India Earnings Fund during the third quarter valued at approximately $35,000. National Bank of Canada FI boosted its position in WisdomTree India Earnings Fund by 39.7% during the 3rd quarter. National Bank of Canada FI now owns 1,055 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 300 shares in the last quarter. Avior Wealth Management LLC increased its holdings in shares of WisdomTree India Earnings Fund by 113.8% in the 3rd quarter. Avior Wealth Management LLC now owns 1,225 shares of the exchange traded fund’s stock valued at $62,000 after acquiring an additional 652 shares during the period. NBC Securities Inc. lifted its stake in shares of WisdomTree India Earnings Fund by 53.3% during the 3rd quarter. NBC Securities Inc. now owns 1,783 shares of the exchange traded fund’s stock worth $89,000 after purchasing an additional 620 shares during the last quarter. Finally, Headlands Technologies LLC lifted its stake in shares of WisdomTree India Earnings Fund by 1,310.0% during the 2nd quarter. Headlands Technologies LLC now owns 3,229 shares of the exchange traded fund’s stock worth $156,000 after purchasing an additional 3,000 shares during the last quarter.

About WisdomTree India Earnings Fund

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.