WisdomTree India Earnings Fund (NYSEARCA:EPI) Stock Crosses Below 200 Day Moving Average – What’s Next?

Shares of WisdomTree India Earnings Fund (NYSEARCA:EPI) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $45.55 and traded as low as $44.31. WisdomTree India Earnings Fund shares last traded at $44.43, with a volume of 604,442 shares traded.

WisdomTree India Earnings Fund Price Performance

The company has a fifty day moving average of $45.78 and a two-hundred day moving average of $45.55. The stock has a market capitalization of $2.62 billion, a P/E ratio of 18.68 and a beta of 0.49.

Hedge Funds Weigh In On WisdomTree India Earnings Fund

Large investors have recently added to or reduced their stakes in the company. Meitav Investment House Ltd. boosted its holdings in WisdomTree India Earnings Fund by 1.4% in the second quarter. Meitav Investment House Ltd. now owns 3,367,899 shares of the exchange traded fund’s stock worth $159,919,000 after purchasing an additional 46,216 shares during the period. Bank of America Corp DE lifted its position in shares of 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 buying an additional 200,526 shares during the last quarter. Bank of Montreal Can lifted its position in shares of WisdomTree India Earnings Fund by 54.8% in the 2nd quarter. Bank of Montreal Can now owns 1,203,951 shares of the exchange traded fund’s stock worth $57,152,000 after buying an additional 426,310 shares during the last quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD boosted its holdings in shares of WisdomTree India Earnings Fund by 0.8% in the 2nd quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD now owns 987,040 shares of the exchange traded fund’s stock valued at $46,883,000 after buying an additional 8,075 shares during the period. Finally, Money Design Co. Ltd. grew its position in shares of WisdomTree India Earnings Fund by 7.4% during the 2nd quarter. Money Design Co. Ltd. now owns 753,862 shares of the exchange traded fund’s stock valued at $35,786,000 after buying an additional 51,997 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.