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

WisdomTree India Earnings Fund (NYSEARCA:EPI)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $43.42 and traded as low as $42.02. WisdomTree India Earnings Fund shares last traded at $42.19, with a volume of 273,333 shares.

WisdomTree India Earnings Fund Trading Up 0.3%

The company’s fifty day simple moving average is $42.38 and its 200 day simple moving average is $43.41. The stock has a market capitalization of $2.05 billion, a P/E ratio of 18.68 and a beta of 0.46.

Hedge Funds Weigh In On WisdomTree India Earnings Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. International Assets Investment Management LLC purchased a new stake in shares of WisdomTree India Earnings Fund in the 4th quarter valued at about $29,000. Advisory Services Network LLC purchased a new position in shares of WisdomTree India Earnings Fund during the third quarter worth about $48,000. Turning Point Benefit Group Inc. bought a new position in shares of WisdomTree India Earnings Fund in the third quarter worth approximately $57,000. IAG Wealth Partners LLC increased its position in shares of WisdomTree India Earnings Fund by 5,376.9% in the first quarter. IAG Wealth Partners LLC now owns 1,424 shares of the exchange traded fund’s stock worth $58,000 after purchasing an additional 1,398 shares during the last quarter. Finally, Headlands Technologies LLC purchased a new stake in WisdomTree India Earnings Fund in the second quarter valued at approximately $70,000.

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.