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

Shares of WisdomTree India Earnings Fund (NYSEARCA:EPI) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $45.52 and traded as high as $46.21. WisdomTree India Earnings Fund shares last traded at $46.18, with a volume of 413,744 shares changing hands.

WisdomTree India Earnings Fund Price Performance

The firm’s 50-day moving average price is $45.52 and its 200-day moving average price is $45.40. The company has a market cap of $2.72 billion, a price-to-earnings ratio of 18.68 and a beta of 0.49.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE grew its stake in shares of 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 buying an additional 200,526 shares in the last quarter. Bank of Montreal Can boosted its holdings in 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 acquiring an additional 426,310 shares during the period. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD grew its position in WisdomTree India Earnings Fund by 0.8% in the second 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 acquiring an additional 8,075 shares in the last quarter. Money Design Co. Ltd. grew its position in WisdomTree India Earnings Fund by 7.4% in the second quarter. Money Design Co. Ltd. now owns 753,862 shares of the exchange traded fund’s stock valued at $35,786,000 after acquiring an additional 51,997 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of WisdomTree India Earnings Fund by 6.8% during the second quarter. JPMorgan Chase & Co. now owns 743,712 shares of the exchange traded fund’s stock valued at $35,304,000 after purchasing an additional 47,472 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.