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

WisdomTree India Earnings Fund (NYSEARCA:EPI)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $47.27 and traded as low as $42.19. WisdomTree India Earnings Fund shares last traded at $42.34, with a volume of 1,368,625 shares.

WisdomTree India Earnings Fund Stock Performance

The stock’s fifty day simple moving average is $44.98 and its 200-day simple moving average is $47.27. The stock has a market cap of $2.83 billion, a P/E ratio of 16.06 and a beta of 0.57.

Institutional Investors Weigh In On WisdomTree India Earnings Fund

Institutional investors have recently made changes to their positions in the stock. Meitav Investment House Ltd. lifted its position in WisdomTree India Earnings Fund by 19.3% during the fourth quarter. Meitav Investment House Ltd. now owns 3,377,656 shares of the exchange traded fund’s stock worth $152,848,000 after purchasing an additional 545,837 shares during the period. Migdal Insurance & Financial Holdings Ltd. raised its position in shares of WisdomTree India Earnings Fund by 337.3% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,567,649 shares of the exchange traded fund’s stock valued at $116,228,000 after buying an additional 1,980,500 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of 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 worth $96,187,000 after acquiring an additional 356,706 shares during the period. Jennison Associates LLC acquired a new stake in shares of WisdomTree India Earnings Fund during the 3rd quarter worth approximately $63,429,000. Finally, Thrivent Financial for Lutherans increased its stake in WisdomTree India Earnings Fund by 6.5% in the fourth quarter. Thrivent Financial for Lutherans now owns 1,083,392 shares of the exchange traded fund’s stock valued at $49,446,000 after acquiring an additional 66,186 shares during 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.