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

Shares of WisdomTree India Earnings Fund (NYSEARCA:EPI) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $48.38 and traded as low as $45.83. WisdomTree India Earnings Fund shares last traded at $46.02, with a volume of 277,087 shares.

WisdomTree India Earnings Fund Stock Up 0.1 %

The firm has a fifty day simple moving average of $47.17 and a 200-day simple moving average of $48.38. The company has a market capitalization of $3.07 billion, a P/E ratio of 16.06 and a beta of 0.57.

Hedge Funds Weigh In On WisdomTree India Earnings Fund

A number of large investors have recently added to or reduced their stakes in EPI. LPL Financial LLC increased its position in shares of WisdomTree India Earnings Fund by 23.0% in the third quarter. LPL Financial LLC now owns 1,906,209 shares of the exchange traded fund’s stock valued at $96,187,000 after acquiring an additional 356,706 shares during the last quarter. Jennison Associates LLC acquired a new stake in shares of WisdomTree India Earnings Fund in the 3rd quarter valued at approximately $63,429,000. Bank of Montreal Can grew its stake in shares of WisdomTree India Earnings Fund by 8.8% in the third quarter. Bank of Montreal Can now owns 1,027,571 shares of the exchange traded fund’s stock valued at $52,221,000 after buying an additional 82,884 shares in the last quarter. Thrivent Financial for Lutherans raised its position in WisdomTree India Earnings Fund by 20.3% during the third quarter. Thrivent Financial for Lutherans now owns 1,017,206 shares of the exchange traded fund’s stock worth $51,328,000 after acquiring an additional 171,553 shares in the last quarter. Finally, Miracle Mile Advisors LLC raised its position in WisdomTree India Earnings Fund by 1.9% during the third quarter. Miracle Mile Advisors LLC now owns 963,963 shares of the exchange traded fund’s stock worth $48,642,000 after acquiring an additional 17,935 shares in 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.