WisdomTree India Earnings Fund (NYSEARCA:EPI) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Shares of WisdomTree India Earnings Fund (NYSEARCA:EPI) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $45.44 and traded as low as $44.50. WisdomTree India Earnings Fund shares last traded at $44.78, with a volume of 678,074 shares.

WisdomTree India Earnings Fund Stock Performance

The business’s 50 day moving average price is $45.55 and its two-hundred day moving average price is $45.44. The company has a market capitalization of $2.64 billion, a price-to-earnings ratio of 18.68 and a beta of 0.49.

Institutional Trading of WisdomTree India Earnings Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in EPI. North Capital Inc. acquired a new stake in shares of WisdomTree India Earnings Fund during the 2nd quarter valued at $36,000. Advisory Services Network LLC purchased a new stake in shares of WisdomTree India Earnings Fund during the third quarter worth $48,000. Farther Finance Advisors LLC lifted its holdings in shares of WisdomTree India Earnings Fund by 120.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,225 shares of the exchange traded fund’s stock valued at $54,000 after buying an additional 670 shares during the last quarter. Turning Point Benefit Group Inc. bought a new position in WisdomTree India Earnings Fund during the third quarter valued at about $57,000. Finally, MAI Capital Management boosted its position in WisdomTree India Earnings Fund by 616.5% during the third quarter. MAI Capital Management now owns 1,433 shares of the exchange traded fund’s stock worth $63,000 after purchasing an additional 1,233 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.