WisdomTree India Earnings Fund (NYSEARCA:EPI) Stock Crosses Below 200 Day Moving Average – Here’s Why

WisdomTree India Earnings Fund (NYSEARCA:EPI) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $46.28 and traded as low as $41.09. WisdomTree India Earnings Fund shares last traded at $41.19, with a volume of 919,974 shares trading hands.

WisdomTree India Earnings Fund Stock Performance

The company has a 50-day simple moving average of $42.97 and a 200-day simple moving average of $46.28. The stock has a market cap of $2.91 billion, a P/E ratio of 16.95 and a beta of 0.84.

Institutional Investors Weigh In On WisdomTree India Earnings Fund

Institutional investors and hedge funds have recently made changes to their positions in the company. Mattson Financial Services LLC bought a new stake in shares of WisdomTree India Earnings Fund during the fourth quarter worth $27,000. Continuum Advisory LLC raised its position in shares of WisdomTree India Earnings Fund by 128.0% during the fourth quarter. Continuum Advisory LLC now owns 700 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 393 shares during the last quarter. FNY Investment Advisers LLC grew its stake in shares of WisdomTree India Earnings Fund by 151.7% during the fourth quarter. FNY Investment Advisers LLC now owns 745 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 449 shares during the period. Farther Finance Advisors LLC acquired a new stake in shares of WisdomTree India Earnings Fund during the fourth quarter worth $34,000. Finally, EverSource Wealth Advisors LLC acquired a new stake in shares of WisdomTree India Earnings Fund during the fourth quarter worth $43,000.

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.