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 Thursday . The stock has a two hundred day moving average of $45.95 and traded as low as $42.79. WisdomTree India Earnings Fund shares last traded at $42.93, with a volume of 628,755 shares traded.

WisdomTree India Earnings Fund Trading Up 1.6 %

The company has a market cap of $3.04 billion, a price-to-earnings ratio of 17.36 and a beta of 0.84. The stock’s 50-day moving average is $42.50 and its 200-day moving average is $45.91.

Institutional Trading of WisdomTree India Earnings Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Mattson Financial Services LLC acquired a new position in shares of WisdomTree India Earnings Fund during the fourth quarter valued at about $27,000. Continuum Advisory LLC boosted its stake in WisdomTree India Earnings Fund by 128.0% during the 4th quarter. Continuum Advisory LLC now owns 700 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 393 shares during the last quarter. FNY Investment Advisers LLC boosted its stake in WisdomTree India Earnings Fund by 151.7% during the 4th quarter. FNY Investment Advisers LLC now owns 745 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 449 shares during the last quarter. Farther Finance Advisors LLC bought a new stake in WisdomTree India Earnings Fund during the 4th quarter worth approximately $34,000. Finally, EverSource Wealth Advisors LLC purchased a new stake in shares of WisdomTree India Earnings Fund in the fourth quarter worth approximately $43,000.

About WisdomTree India Earnings Fund

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.