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

WisdomTree India Earnings Fund (NYSEARCA:EPI) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $43.42 and traded as low as $42.02. WisdomTree India Earnings Fund shares last traded at $42.19, with a volume of 273,333 shares traded.

WisdomTree India Earnings Fund Trading Down 0.2%

The firm has a market capitalization of $2.04 billion, a P/E ratio of 18.68 and a beta of 0.46. The firm has a 50 day moving average price of $42.40 and a 200-day moving average price of $43.42.

Institutional Trading of WisdomTree India Earnings Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Meitav Investment House Ltd. boosted its stake in WisdomTree India Earnings Fund by 9.5% during the first quarter. Meitav Investment House Ltd. now owns 3,480,035 shares of the exchange traded fund’s stock worth $141,985,000 after buying an additional 301,826 shares during the period. Bank of America Corp DE raised its position 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 purchasing an additional 200,526 shares during the period. LPL Financial LLC lifted its stake in WisdomTree India Earnings Fund by 0.8% in the fourth quarter. LPL Financial LLC now owns 1,840,160 shares of the exchange traded fund’s stock worth $85,181,000 after purchasing an additional 13,750 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of WisdomTree India Earnings Fund by 77.2% during 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 buying an additional 478,280 shares during the period. Finally, Millburn Ridgefield LLC DE boosted its position in shares of WisdomTree India Earnings Fund by 33.4% during the first quarter. Millburn Ridgefield LLC DE now owns 587,752 shares of the exchange traded fund’s stock valued at $23,980,000 after buying an additional 147,183 shares during the period.

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.