WisdomTree India Earnings Fund (NYSEARCA:EPI) Share Price Passes Below 200 Day Moving Average – Time to Sell?

WisdomTree India Earnings Fund (NYSEARCA:EPI)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $45.45 and traded as low as $43.00. WisdomTree India Earnings Fund shares last traded at $43.52, with a volume of 925,519 shares changing hands.

WisdomTree India Earnings Fund Stock Performance

The firm has a market capitalization of $2.55 billion, a PE ratio of 18.68 and a beta of 0.49. The stock’s 50-day simple moving average is $45.37 and its 200-day simple moving average is $45.44.

Hedge Funds Weigh In On WisdomTree India Earnings Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Sunbelt Securities Inc. lifted its holdings in WisdomTree India Earnings Fund by 8.3% in the fourth quarter. Sunbelt Securities Inc. now owns 24,361 shares of the exchange traded fund’s stock worth $1,128,000 after buying an additional 1,872 shares during the period. Corient Private Wealth LLC grew its holdings in shares of WisdomTree India Earnings Fund by 8.3% during the 4th quarter. Corient Private Wealth LLC now owns 14,571 shares of the exchange traded fund’s stock worth $674,000 after acquiring an additional 1,120 shares during the period. Mercer Global Advisors Inc. ADV raised its position in shares of WisdomTree India Earnings Fund by 3.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 12,873 shares of the exchange traded fund’s stock worth $596,000 after acquiring an additional 432 shares in the last quarter. Andrews Advisory Associates LLC bought a new position in shares of WisdomTree India Earnings Fund in the 4th quarter worth approximately $226,000. Finally, EP Wealth Advisors LLC purchased a new position in shares of WisdomTree India Earnings Fund in the 4th quarter valued at approximately $797,000.

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.