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

WisdomTree India Earnings Fund (NYSEARCA:EPI) shares crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $42.40 and traded as low as $40.42. WisdomTree India Earnings Fund shares last traded at $40.53, with a volume of 510,161 shares changing hands.

WisdomTree India Earnings Fund Price Performance

The firm’s 50-day moving average price is $42.54 and its 200-day moving average price is $42.40. The stock has a market cap of $1.81 billion, a P/E ratio of 18.68 and a beta of 0.48.

Institutional Trading of WisdomTree India Earnings Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Millburn Ridgefield LLC DE lifted its position in shares of WisdomTree India Earnings Fund by 33.4% in the first quarter. Millburn Ridgefield LLC DE now owns 587,752 shares of the exchange traded fund’s stock worth $23,980,000 after buying an additional 147,183 shares in the last quarter. Grey Ledge Advisors LLC boosted its stake in WisdomTree India Earnings Fund by 9.9% during the first quarter. Grey Ledge Advisors LLC now owns 107,774 shares of the exchange traded fund’s stock valued at $4,397,000 after buying an additional 9,716 shares during the last quarter. Kestra Private Wealth Services LLC purchased a new position in WisdomTree India Earnings Fund during the 1st quarter valued at approximately $290,000. RFG Advisory LLC grew its holdings in WisdomTree India Earnings Fund by 4.8% during the 1st quarter. RFG Advisory LLC now owns 5,267 shares of the exchange traded fund’s stock valued at $215,000 after buying an additional 240 shares in the last quarter. Finally, Osbon Capital Management LLC bought a new stake in WisdomTree India Earnings Fund in the 4th quarter worth approximately $141,000.

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.