WisdomTree India Earnings Fund (NYSEARCA:EPI) Sees Large Volume Increase – Here’s Why

WisdomTree India Earnings Fund (NYSEARCA:EPI) shares saw unusually-strong trading volume on Friday . Approximately 1,959,819 shares were traded during mid-day trading, an increase of 113% from the previous session’s volume of 919,065 shares.The stock last traded at $43.94 and had previously closed at $45.01.

WisdomTree India Earnings Fund Price Performance

The company has a fifty day moving average price of $46.52 and a 200 day moving average price of $48.17. The stock has a market cap of $2.93 billion, a P/E ratio of 16.06 and a beta of 0.57.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Headlands Technologies LLC increased its position in shares of WisdomTree India Earnings Fund by 1,310.0% during the second quarter. Headlands Technologies LLC now owns 3,229 shares of the exchange traded fund’s stock worth $156,000 after acquiring an additional 3,000 shares in the last quarter. LPL Financial LLC increased its holdings in WisdomTree India Earnings Fund by 23.1% during the 2nd quarter. LPL Financial LLC now owns 1,549,503 shares of the exchange traded fund’s stock worth $74,810,000 after purchasing an additional 290,598 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of WisdomTree India Earnings Fund by 13.4% in the second quarter. Envestnet Asset Management Inc. now owns 154,477 shares of the exchange traded fund’s stock worth $7,458,000 after purchasing an additional 18,206 shares during the last quarter. Inspire Advisors LLC raised its stake in shares of WisdomTree India Earnings Fund by 15.2% in the second quarter. Inspire Advisors LLC now owns 120,627 shares of the exchange traded fund’s stock worth $5,824,000 after purchasing an additional 15,899 shares during the last quarter. Finally, Stevard LLC bought a new position in shares of WisdomTree India Earnings Fund in the second quarter valued at approximately $444,000.

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.