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

Shares of WisdomTree India Earnings Fund (NYSEARCA:EPI) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $48.38 and traded as low as $45.83. WisdomTree India Earnings Fund shares last traded at $46.02, with a volume of 277,087 shares changing hands.

WisdomTree India Earnings Fund Price Performance

The stock has a market capitalization of $3.06 billion, a price-to-earnings ratio of 16.06 and a beta of 0.57. The business has a fifty day moving average of $47.10 and a 200 day moving average of $48.37.

Institutional Trading of WisdomTree India Earnings Fund

Several institutional investors and hedge funds have recently bought and sold shares of EPI. Cambridge Investment Research Advisors Inc. increased its position in shares of WisdomTree India Earnings Fund by 96.0% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 67,391 shares of the exchange traded fund’s stock valued at $3,254,000 after acquiring an additional 33,001 shares during the last quarter. International Assets Investment Management LLC purchased a new position in shares of WisdomTree India Earnings Fund during the 2nd quarter worth approximately $79,000. Rothschild Investment LLC acquired a new stake in WisdomTree India Earnings Fund in the 2nd quarter valued at approximately $39,000. Commonwealth Equity Services LLC raised its position in WisdomTree India Earnings Fund by 622.2% in the second quarter. Commonwealth Equity Services LLC now owns 163,813 shares of the exchange traded fund’s stock valued at $7,909,000 after purchasing an additional 141,131 shares during the period. Finally, Sage Mountain Advisors LLC acquired a new position in WisdomTree India Earnings Fund during the second quarter worth $237,000.

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.