WisdomTree India Earnings Fund (NYSEARCA:EPI) Shares Pass Above 50 Day Moving Average – Should You Sell?

WisdomTree India Earnings Fund (NYSEARCA:EPI)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $42.64 and traded as high as $42.81. WisdomTree India Earnings Fund shares last traded at $42.78, with a volume of 291,278 shares trading hands.

WisdomTree India Earnings Fund Trading Up 1.0%

The stock has a market capitalization of $2.14 billion, a price-to-earnings ratio of 18.68 and a beta of 0.46. The stock’s 50 day moving average is $42.60 and its two-hundred day moving average is $43.65.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Meitav Investment House Ltd. boosted its position in WisdomTree India Earnings Fund by 9.5% during the first quarter. Meitav Investment House Ltd. now owns 3,480,035 shares of the exchange traded fund’s stock valued at $141,985,000 after purchasing an additional 301,826 shares during the last quarter. Bank of America Corp DE grew its holdings in WisdomTree India Earnings Fund by 8.1% in the 2nd 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. LPL Financial LLC grew its stake in shares of WisdomTree India Earnings Fund by 0.8% in the fourth quarter. LPL Financial LLC now owns 1,840,160 shares of the exchange traded fund’s stock valued at $85,181,000 after acquiring an additional 13,750 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of WisdomTree India Earnings Fund by 77.2% during the 4th quarter. JPMorgan Chase & Co. now owns 1,097,416 shares of the exchange traded fund’s stock worth $50,799,000 after purchasing an additional 478,280 shares in the last quarter. Finally, Millburn Ridgefield LLC DE increased its stake in WisdomTree India Earnings Fund by 33.4% during the 1st quarter. Millburn Ridgefield LLC DE now owns 587,752 shares of the exchange traded fund’s stock worth $23,980,000 after acquiring an additional 147,183 shares during the period.

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.