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

Posted by Tyrone Williams on Nov 17th, 2024

WisdomTree India Earnings Fund (NYSEARCA:EPI – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $48.06 and traded as low as $45.44. WisdomTree India Earnings Fund shares last traded at $45.51, with a volume of 1,732,750 shares.

WisdomTree India Earnings Fund Stock Down 0.6 %

The stock has a market cap of $3.04 billion, a P/E ratio of 16.06 and a beta of 0.57. The firm has a 50 day moving average price of $48.60 and a 200 day moving average price of $48.08.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets lifted its stake in WisdomTree India Earnings Fund by 24.7% in the 1st quarter. BNP Paribas Financial Markets now owns 13,796 shares of the exchange traded fund’s stock worth $601,000 after purchasing an additional 2,736 shares in the last quarter. Avantax Advisory Services Inc. purchased a new stake in shares of WisdomTree India Earnings Fund in the first quarter worth about $353,000. Blair William & Co. IL boosted its stake in WisdomTree India Earnings Fund by 150.3% during the first quarter. Blair William & Co. IL now owns 50,347 shares of the exchange traded fund’s stock valued at $2,193,000 after buying an additional 30,232 shares during the last quarter. Osaic Holdings Inc. boosted its stake in WisdomTree India Earnings Fund by 25.5% during the first quarter. Osaic Holdings Inc. now owns 224,904 shares of the exchange traded fund’s stock valued at $9,797,000 after buying an additional 45,743 shares during the last quarter. Finally, Edgestream Partners L.P. purchased a new position in WisdomTree India Earnings Fund during the 1st quarter valued at approximately $239,000.

About WisdomTree India Earnings Fund

(Get Free Report)

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.