WisdomTree India Earnings Fund (NYSEARCA:EPI) Shares Pass Above 50-Day Moving Average – Should You Sell?

WisdomTree India Earnings Fund (NYSEARCA:EPI) shares passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $42.73 and traded as high as $43.52. WisdomTree India Earnings Fund shares last traded at $43.44, with a volume of 487,937 shares.

WisdomTree India Earnings Fund Stock Performance

The company has a market cap of $2.22 billion, a P/E ratio of 18.68 and a beta of 0.46. The business has a 50 day moving average price of $42.73 and a two-hundred day moving average price of $43.79.

Institutional Trading of WisdomTree India Earnings Fund

Hedge funds and other institutional investors have recently bought and sold shares of the stock. CIBC Bancorp USA Inc. bought a new position in shares of WisdomTree India Earnings Fund in the third quarter worth approximately $21,701,000. JPMorgan Chase & Co. raised its holdings in WisdomTree India Earnings Fund by 77.2% during the 4th quarter. JPMorgan Chase & Co. now owns 1,097,416 shares of the exchange traded fund’s stock valued at $50,799,000 after buying an additional 478,280 shares during the last quarter. Meitav Investment House Ltd. boosted its position in WisdomTree India Earnings Fund by 9.5% during the 1st quarter. Meitav Investment House Ltd. now owns 3,480,035 shares of the exchange traded fund’s stock valued at $141,985,000 after buying an additional 301,826 shares during the period. NewEdge Wealth LLC purchased a new stake in WisdomTree India Earnings Fund during the 4th quarter valued at $11,201,000. Finally, Bank of America Corp DE grew its holdings in WisdomTree India Earnings Fund by 8.1% in the 2nd quarter. Bank of America Corp DE now owns 2,689,972 shares of the exchange traded fund’s stock worth $127,693,000 after acquiring an additional 200,526 shares during the last quarter.

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.