WisdomTree India Earnings Fund (NYSEARCA:EPI) Reaches New 1-Year Low – Time to Sell?

WisdomTree India Earnings Fund (NYSEARCA:EPI)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $40.13 and last traded at $40.25, with a volume of 793953 shares. The stock had previously closed at $41.52.

WisdomTree India Earnings Fund Stock Performance

The company’s fifty day moving average is $44.36 and its two-hundred day moving average is $45.21. The company has a market cap of $2.37 billion, a price-to-earnings ratio of 18.68 and a beta of 0.49.

Institutional Trading of WisdomTree India Earnings Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. International Assets Investment Management LLC purchased a new position in shares of WisdomTree India Earnings Fund during the fourth quarter worth $29,000. Advisory Services Network LLC acquired a new position in WisdomTree India Earnings Fund during the third quarter valued at $48,000. Farther Finance Advisors LLC boosted its holdings in WisdomTree India Earnings Fund by 120.7% in the third quarter. Farther Finance Advisors LLC now owns 1,225 shares of the exchange traded fund’s stock valued at $54,000 after purchasing an additional 670 shares during the last quarter. Turning Point Benefit Group Inc. acquired a new stake in WisdomTree India Earnings Fund during the 3rd quarter worth about $57,000. Finally, MAI Capital Management grew its position in WisdomTree India Earnings Fund by 616.5% during the 3rd quarter. MAI Capital Management now owns 1,433 shares of the exchange traded fund’s stock worth $63,000 after purchasing an additional 1,233 shares during the period.

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.