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

WisdomTree India Earnings Fund (NYSEARCA:EPIGet Free Report)’s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $42.64 and traded as high as $42.81. WisdomTree India Earnings Fund shares last traded at $42.78, with a volume of 291,278 shares.

WisdomTree India Earnings Fund Trading Up 0.4%

The company has a market cap of $2.18 billion, a price-to-earnings ratio of 18.68 and a beta of 0.46. The company’s 50 day moving average price is $42.64 and its 200 day moving average price is $43.68.

Institutional Trading of WisdomTree India Earnings Fund

Several hedge funds have recently modified their holdings of the business. CIBC Bancorp USA Inc. acquired a new position in WisdomTree India Earnings Fund during the third quarter worth $21,701,000. JPMorgan Chase & Co. lifted its stake in shares of WisdomTree India Earnings Fund by 77.2% in the fourth quarter. JPMorgan Chase & Co. now owns 1,097,416 shares of the exchange traded fund’s stock valued at $50,799,000 after purchasing an additional 478,280 shares during the period. Meitav Investment House Ltd. lifted its position in shares of 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 acquiring an additional 301,826 shares during the period. NewEdge Wealth LLC acquired a new position in WisdomTree India Earnings Fund during the fourth quarter worth $11,201,000. Finally, Bank of America Corp DE grew its holdings in WisdomTree India Earnings Fund by 8.1% in the second quarter. Bank of America Corp DE now owns 2,689,972 shares of the exchange traded fund’s stock valued at $127,693,000 after purchasing an additional 200,526 shares during the last quarter.

About WisdomTree India Earnings Fund

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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.

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