WisdomTree India Earnings Fund (NYSEARCA:EPI) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?

WisdomTree India Earnings Fund (NYSEARCA:EPI) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $47.89 and traded as low as $47.40. WisdomTree India Earnings Fund shares last traded at $47.47, with a volume of 2,418,870 shares.

WisdomTree India Earnings Fund Stock Up 0.1 %

The stock’s 50-day moving average price is $49.25 and its 200-day moving average price is $47.89. The company has a market capitalization of $3.16 billion, a price-to-earnings ratio of 16.06 and a beta of 0.57.

Hedge Funds Weigh In On WisdomTree India Earnings Fund

Several large investors have recently made changes to their positions in the company. Jane Street Group LLC acquired a new position in WisdomTree India Earnings Fund in the first quarter valued at approximately $209,682,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of WisdomTree India Earnings Fund in the 2nd quarter valued at $70,590,000. Meitav Investment House Ltd. boosted its position in shares of WisdomTree India Earnings Fund by 85.8% in the 1st quarter. Meitav Investment House Ltd. now owns 2,577,572 shares of the exchange traded fund’s stock worth $112,295,000 after purchasing an additional 1,189,980 shares during the last quarter. Bank of Montreal Can boosted its position in shares of WisdomTree India Earnings Fund by 4,336.8% in the 2nd quarter. Bank of Montreal Can now owns 944,687 shares of the exchange traded fund’s stock worth $45,666,000 after purchasing an additional 923,395 shares during the last quarter. Finally, OLD Mission Capital LLC grew its stake in shares of WisdomTree India Earnings Fund by 637.1% during the first quarter. OLD Mission Capital LLC now owns 858,126 shares of the exchange traded fund’s stock worth $37,380,000 after purchasing an additional 741,709 shares during the period.

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.