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

Shares of WisdomTree India Earnings Fund (NYSEARCA:EPI) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $48.29 and traded as low as $45.76. WisdomTree India Earnings Fund shares last traded at $45.81, with a volume of 1,330,118 shares changing hands.

WisdomTree India Earnings Fund Price Performance

The company has a market capitalization of $3.06 billion, a price-to-earnings ratio of 16.06 and a beta of 0.57. The stock has a fifty day simple moving average of $46.77 and a 200-day simple moving average of $48.27.

Institutional Investors Weigh In On WisdomTree India Earnings Fund

A number of institutional investors have recently modified their holdings of the business. Jennison Associates LLC acquired a new stake in shares of WisdomTree India Earnings Fund in the third quarter valued at about $63,429,000. Bank of Montreal Can grew its holdings in shares of WisdomTree India Earnings Fund by 4,336.8% during the second quarter. Bank of Montreal Can now owns 944,687 shares of the exchange traded fund’s stock worth $45,666,000 after buying an additional 923,395 shares in the last quarter. International Assets Investment Management LLC lifted its stake in shares of WisdomTree India Earnings Fund by 37,649.0% in the third quarter. International Assets Investment Management LLC now owns 615,309 shares of the exchange traded fund’s stock worth $31,048,000 after buying an additional 613,679 shares in the last quarter. Money Design Co. Ltd. acquired a new position in WisdomTree India Earnings Fund during the third quarter worth about $20,107,000. Finally, LPL Financial LLC grew its stake in WisdomTree India Earnings Fund by 23.0% during the 3rd quarter. LPL Financial LLC now owns 1,906,209 shares of the exchange traded fund’s stock valued at $96,187,000 after acquiring an additional 356,706 shares in the last quarter.

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.