WisdomTree India Earnings Fund (NYSEARCA:EPI) Reaches New 52-Week Low – Should You Sell?

Shares of WisdomTree India Earnings Fund (NYSEARCA:EPI) hit a new 52-week low on Thursday. The company traded as low as $39.38 and last traded at $39.3790, with a volume of 129477 shares traded. The stock had previously closed at $40.09.

WisdomTree India Earnings Fund Stock Down 1.6%

The stock has a market cap of $1.74 billion, a P/E ratio of 18.68 and a beta of 0.48. The company’s 50 day moving average price is $42.41 and its 200-day moving average price is $42.37.

Institutional Trading of WisdomTree India Earnings Fund

Several large investors have recently made changes to their positions in EPI. Envestnet Portfolio Solutions Inc. increased its position in shares of WisdomTree India Earnings Fund by 8.0% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 9,310 shares of the exchange traded fund’s stock worth $398,000 after acquiring an additional 688 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of WisdomTree India Earnings Fund by 2.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 91,482 shares of the exchange traded fund’s stock worth $3,914,000 after purchasing an additional 2,276 shares during the period. Integrated Wealth Concepts LLC lifted its position in shares of WisdomTree India Earnings Fund by 13.0% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 7,831 shares of the exchange traded fund’s stock valued at $335,000 after buying an additional 900 shares during the last quarter. RFG Advisory LLC increased its holdings in WisdomTree India Earnings Fund by 9.4% in the 2nd quarter. RFG Advisory LLC now owns 5,764 shares of the exchange traded fund’s stock worth $247,000 after acquiring an additional 497 shares during the last quarter. Finally, Cullen Capital Management LLC bought a new position in WisdomTree India Earnings Fund during the second quarter worth about $3,996,000.

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.