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

WisdomTree India Earnings Fund (NYSEARCA:EPI)’s stock price crossed 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 changing hands.

WisdomTree India Earnings Fund Trading Down 0.2%

The firm’s 50-day moving average price is $42.40 and its two-hundred day moving average price is $43.42. The stock has a market cap of $2.04 billion, a PE ratio of 18.68 and a beta of 0.46.

Hedge Funds Weigh In On WisdomTree India Earnings Fund

Large investors have recently bought and sold shares of the business. Ferguson Shapiro LLC increased its holdings in shares of WisdomTree India Earnings Fund by 9.8% in the 4th quarter. Ferguson Shapiro LLC now owns 66,956 shares of the exchange traded fund’s stock valued at $3,099,000 after acquiring an additional 5,997 shares during the period. Apollon Wealth Management LLC raised its position in shares of WisdomTree India Earnings Fund by 3.5% in the 4th quarter. Apollon Wealth Management LLC now owns 27,825 shares of the exchange traded fund’s stock worth $1,288,000 after acquiring an additional 941 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of WisdomTree India Earnings Fund by 1.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 20,552 shares of the exchange traded fund’s stock worth $953,000 after purchasing an additional 354 shares during the last quarter. Stratos Wealth Advisors LLC purchased a new stake in shares of WisdomTree India Earnings Fund during the 4th quarter worth $440,000. Finally, Financial & Tax Architects LLC bought a new stake in WisdomTree India Earnings Fund during the fourth quarter valued at about $1,367,000.

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.