WisdomTree India Earnings Fund (NYSEARCA:EPI) Stock Breaks Above Fifty Day Moving Average – Here’s What Happened

Shares of WisdomTree India Earnings Fund (NYSEARCA:EPI) passed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $41.53 and traded as high as $41.83. WisdomTree India Earnings Fund shares last traded at $41.69, with a volume of 888,515 shares trading hands.

WisdomTree India Earnings Fund Stock Up 1.8%

The stock has a market capitalization of $1.82 billion, a PE ratio of 18.68 and a beta of 0.48. The firm has a 50 day moving average price of $41.53 and a 200-day moving average price of $42.71.

Hedge Funds Weigh In On WisdomTree India Earnings Fund

Several hedge funds and other institutional investors have recently bought and sold shares of EPI. Meitav Investment House Ltd. boosted its stake in shares of WisdomTree India Earnings Fund by 9.5% in the first quarter. Meitav Investment House Ltd. now owns 3,480,035 shares of the exchange traded fund’s stock worth $141,985,000 after buying an additional 301,826 shares during the last quarter. Randolph Co Inc acquired a new stake in WisdomTree India Earnings Fund during the third quarter worth about $8,946,000. Catalyst Capital Advisors LLC raised its position in WisdomTree India Earnings Fund by 33.4% during the first quarter. Catalyst Capital Advisors LLC now owns 587,752 shares of the exchange traded fund’s stock valued at $23,980,000 after acquiring an additional 147,183 shares in the last quarter. Royal Bank of Canada raised its position in WisdomTree India Earnings Fund by 65.4% during the first quarter. Royal Bank of Canada now owns 266,922 shares of the exchange traded fund’s stock valued at $10,891,000 after acquiring an additional 105,506 shares in the last quarter. Finally, Cullen Capital Management LLC purchased a new position in WisdomTree India Earnings Fund during the second quarter valued at approximately $3,996,000.

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.