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

WisdomTree India Earnings Fund (NYSEARCA:EPI)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $45.95 and traded as low as $42.79. WisdomTree India Earnings Fund shares last traded at $42.93, with a volume of 628,755 shares.

WisdomTree India Earnings Fund Stock Performance

The stock’s fifty day moving average price is $42.50 and its 200-day moving average price is $45.95. The company has a market capitalization of $3.00 billion, a P/E ratio of 17.36 and a beta of 0.84.

Institutional Investors Weigh In On WisdomTree India Earnings Fund

Several hedge funds have recently added to or reduced their stakes in the business. Meitav Investment House Ltd. raised its holdings in WisdomTree India Earnings Fund by 19.3% in the 4th quarter. Meitav Investment House Ltd. now owns 3,377,656 shares of the exchange traded fund’s stock valued at $152,848,000 after acquiring an additional 545,837 shares during the period. Jane Street Group LLC increased its stake in WisdomTree India Earnings Fund by 294.4% during the 4th quarter. Jane Street Group LLC now owns 2,963,136 shares of the exchange traded fund’s stock worth $134,141,000 after acquiring an additional 2,211,922 shares during the period. Migdal Insurance & Financial Holdings Ltd. raised its stake in WisdomTree India Earnings Fund by 337.3% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,567,649 shares of the exchange traded fund’s stock valued at $116,228,000 after purchasing an additional 1,980,500 shares in the last quarter. LPL Financial LLC raised its position in shares of WisdomTree India Earnings Fund by 23.0% in the 3rd quarter. LPL Financial LLC now owns 1,906,209 shares of the exchange traded fund’s stock valued at $96,187,000 after buying an additional 356,706 shares in the last quarter. Finally, Jennison Associates LLC acquired a new position in WisdomTree India Earnings Fund during the third quarter valued at approximately $63,429,000.

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.