WisdomTree India Earnings Fund (NYSEARCA:EPI) Share Price Breaks Below 200 Day Moving Average – Should You Sell?

Shares of WisdomTree India Earnings Fund (NYSEARCA:EPI) crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $42.38 and traded as low as $40.06. WisdomTree India Earnings Fund shares last traded at $40.14, with a volume of 450,135 shares traded.

WisdomTree India Earnings Fund Stock Down 2.2%

The stock has a market cap of $1.75 billion, a PE ratio of 18.68 and a beta of 0.48. The firm has a fifty day moving average of $41.79 and a 200 day moving average of $42.38.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Meitav Investment House Ltd. boosted its holdings in 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 valued at $141,985,000 after purchasing an additional 301,826 shares in the last quarter. Catalyst Capital Advisors LLC lifted its position in shares of WisdomTree India Earnings Fund by 33.4% during the 1st quarter. Catalyst Capital Advisors LLC now owns 587,752 shares of the exchange traded fund’s stock worth $23,980,000 after buying an additional 147,183 shares during the last quarter. Millburn Ridgefield LLC DE lifted its position in shares of 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 buying an additional 147,183 shares during the last quarter. Royal Bank of Canada lifted its position in shares of WisdomTree India Earnings Fund by 65.4% during the 1st quarter. Royal Bank of Canada now owns 266,922 shares of the exchange traded fund’s stock worth $10,891,000 after buying an additional 105,506 shares during the last quarter. Finally, Randolph Co Inc acquired a new position in shares of WisdomTree India Earnings Fund in the 3rd quarter valued at $8,946,000.

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.