WisdomTree India Earnings Fund (NYSEARCA:EPI) Sees Strong Trading Volume – Should You Buy?

Shares of WisdomTree India Earnings Fund (NYSEARCA:EPI) saw strong trading volume on Friday . 1,959,819 shares changed hands during trading, an increase of 113% from the previous session’s volume of 919,065 shares.The stock last traded at $43.94 and had previously closed at $45.01.

WisdomTree India Earnings Fund Stock Performance

The stock has a fifty day simple moving average of $46.52 and a two-hundred day simple moving average of $48.17. The stock has a market capitalization of $2.93 billion, a price-to-earnings ratio of 16.06 and a beta of 0.57.

Institutional Investors Weigh In On WisdomTree India Earnings Fund

A number of hedge funds have recently added to or reduced their stakes in EPI. ORG Partners LLC acquired a new stake in shares of WisdomTree India Earnings Fund during the 3rd quarter worth approximately $35,000. National Bank of Canada FI grew its holdings in WisdomTree India Earnings Fund by 39.7% in the third quarter. National Bank of Canada FI now owns 1,055 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 300 shares during the period. Avior Wealth Management LLC increased its stake in WisdomTree India Earnings Fund by 113.8% in the third quarter. Avior Wealth Management LLC now owns 1,225 shares of the exchange traded fund’s stock valued at $62,000 after purchasing an additional 652 shares in the last quarter. NBC Securities Inc. increased 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 purchasing an additional 620 shares in the last quarter. Finally, Headlands Technologies LLC boosted its position in shares of WisdomTree India Earnings Fund by 1,310.0% during the 2nd quarter. Headlands Technologies LLC now owns 3,229 shares of the exchange traded fund’s stock worth $156,000 after purchasing an additional 3,000 shares in the last quarter.

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.