WisdomTree India Earnings Fund (NYSEARCA:EPI) Sets New 12-Month Low – Time to Sell?

Shares of WisdomTree India Earnings Fund (NYSEARCA:EPI) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $41.80 and last traded at $41.82, with a volume of 1484920 shares trading hands. The stock had previously closed at $42.52.

WisdomTree India Earnings Fund Stock Performance

The firm has a market capitalization of $2.80 billion, a P/E ratio of 16.06 and a beta of 0.57. The firm has a 50-day moving average of $44.18 and a 200-day moving average of $46.94.

Institutional Investors Weigh In On WisdomTree India Earnings Fund

A number of hedge funds have recently added to or reduced their stakes in the stock. Strait & Sound Wealth Management LLC raised its stake in WisdomTree India Earnings Fund by 30.3% during the 4th quarter. Strait & Sound Wealth Management LLC now owns 15,614 shares of the exchange traded fund’s stock valued at $707,000 after buying an additional 3,635 shares during the last quarter. Continuum Advisory LLC raised its stake in WisdomTree India Earnings Fund by 128.0% during the 4th quarter. Continuum Advisory LLC now owns 700 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 393 shares during the last quarter. Glen Eagle Advisors LLC raised its stake in WisdomTree India Earnings Fund by 9.0% during the 4th quarter. Glen Eagle Advisors LLC now owns 101,225 shares of the exchange traded fund’s stock valued at $4,582,000 after buying an additional 8,378 shares during the last quarter. Squarepoint Ops LLC purchased a new stake in WisdomTree India Earnings Fund during the 4th quarter valued at $979,000. Finally, Millennium Management LLC raised its stake in WisdomTree India Earnings Fund by 159.4% during the 4th quarter. Millennium Management LLC now owns 41,204 shares of the exchange traded fund’s stock valued at $1,865,000 after buying an additional 25,320 shares during 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.