WisdomTree India Earnings Fund (NYSEARCA:EPI) Stock Price Crosses Above 50-Day Moving Average – What’s Next?

WisdomTree India Earnings Fund (NYSEARCA:EPI) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $42.27 and traded as high as $42.82. WisdomTree India Earnings Fund shares last traded at $42.53, with a volume of 600,438 shares trading hands.

WisdomTree India Earnings Fund Stock Up 0.4%

The firm’s 50-day simple moving average is $42.27 and its 200-day simple moving average is $44.31. The firm has a market capitalization of $2.17 billion, a PE ratio of 18.68 and a beta of 0.47.

Institutional Trading of WisdomTree India Earnings Fund

A number of institutional investors have recently modified their holdings of the company. Sunbelt Securities Inc. boosted its holdings in shares of WisdomTree India Earnings Fund by 8.9% during the first quarter. Sunbelt Securities Inc. now owns 26,535 shares of the exchange traded fund’s stock worth $1,083,000 after purchasing an additional 2,174 shares during the period. Royal Bank of Canada boosted its holdings in shares of WisdomTree India Earnings Fund by 65.4% during the first quarter. Royal Bank of Canada now owns 266,922 shares of the exchange traded fund’s stock worth $10,891,000 after purchasing an additional 105,506 shares during the period. Waverly Advisors LLC purchased a new stake in WisdomTree India Earnings Fund in the first quarter worth about $2,220,000. Cetera Investment Advisers lifted its holdings in WisdomTree India Earnings Fund by 13.4% in the first quarter. Cetera Investment Advisers now owns 57,079 shares of the exchange traded fund’s stock worth $2,329,000 after buying an additional 6,745 shares during the period. Finally, Catalyst Capital Advisors LLC lifted its holdings in WisdomTree India Earnings Fund by 33.4% in the first quarter. Catalyst Capital Advisors LLC now owns 587,752 shares of the exchange traded fund’s stock worth $23,980,000 after buying an additional 147,183 shares during the period.

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.