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

Shares of WisdomTree India Earnings Fund (NYSEARCA:EPI) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $48.29 and traded as low as $45.76. WisdomTree India Earnings Fund shares last traded at $45.81, with a volume of 1,330,118 shares trading hands.

WisdomTree India Earnings Fund Stock Up 0.1 %

The company has a market capitalization of $3.06 billion, a PE ratio of 16.06 and a beta of 0.57. The stock’s 50 day moving average is $46.77 and its two-hundred day moving average is $48.27.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. ORG Partners LLC acquired a new stake in WisdomTree India Earnings Fund in the third quarter valued at approximately $35,000. Rothschild Investment LLC purchased a new position in WisdomTree India Earnings Fund during the 2nd quarter worth $39,000. National Bank of Canada FI grew its stake in WisdomTree India Earnings Fund by 39.7% during the 3rd quarter. National Bank of Canada FI now owns 1,055 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 300 shares during the last quarter. Avior Wealth Management LLC increased its position in WisdomTree India Earnings Fund by 113.8% during the 3rd quarter. Avior Wealth Management LLC now owns 1,225 shares of the exchange traded fund’s stock valued at $62,000 after buying an additional 652 shares in the last quarter. Finally, NBC Securities Inc. raised its stake in WisdomTree India Earnings Fund by 53.3% in the third quarter. NBC Securities Inc. now owns 1,783 shares of the exchange traded fund’s stock valued at $89,000 after buying an additional 620 shares during the last quarter.

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.