WisdomTree India Earnings Fund (NYSEARCA:EPI) Share Price Crosses Below Two Hundred Day Moving Average – What’s Next?

WisdomTree India Earnings Fund (NYSEARCA:EPI)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $43.26 and traded as low as $41.66. WisdomTree India Earnings Fund shares last traded at $41.69, with a volume of 955,621 shares.

WisdomTree India Earnings Fund Stock Performance

The company’s 50 day simple moving average is $42.34 and its 200-day simple moving average is $43.26. The firm has a market capitalization of $2.00 billion, a PE ratio of 18.68 and a beta of 0.46.

Institutional Investors Weigh In On WisdomTree India Earnings Fund

A number of institutional investors and hedge funds have recently made changes to their positions in EPI. Jones Financial Companies Lllp grew its position in WisdomTree India Earnings Fund by 13.6% during the first quarter. Jones Financial Companies Lllp now owns 13,491 shares of the exchange traded fund’s stock worth $595,000 after buying an additional 1,617 shares in the last quarter. Marshall Wace LLP purchased a new stake in shares of WisdomTree India Earnings Fund in the 2nd quarter valued at about $1,220,000. Raymond James Financial Inc. raised its holdings in shares of WisdomTree India Earnings Fund by 16.9% in the 2nd quarter. Raymond James Financial Inc. now owns 517,389 shares of the exchange traded fund’s stock valued at $24,560,000 after acquiring an additional 74,696 shares in the last quarter. Ausdal Financial Partners Inc. boosted its position in shares of WisdomTree India Earnings Fund by 20.6% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 8,127 shares of the exchange traded fund’s stock valued at $386,000 after acquiring an additional 1,389 shares during the last quarter. Finally, Strategic Wealth Investment Group LLC bought a new stake in shares of WisdomTree India Earnings Fund during the 2nd quarter valued at about $176,000.

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.