WisdomTree India Earnings Fund (NYSEARCA:EPI) Stock Crosses Below 200-Day Moving Average – Should You Sell?

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 $45.44 and traded as low as $44.50. WisdomTree India Earnings Fund shares last traded at $44.78, with a volume of 678,074 shares.

WisdomTree India Earnings Fund Price Performance

The company has a market cap of $2.64 billion, a P/E ratio of 18.68 and a beta of 0.49. The stock has a fifty day moving average price of $45.55 and a two-hundred day moving average price of $45.43.

Institutional Investors Weigh In On WisdomTree India Earnings Fund

Large investors have recently added to or reduced their stakes in the company. North Capital Inc. purchased a new position in shares of WisdomTree India Earnings Fund in the second quarter valued at $36,000. Advisory Services Network LLC purchased a new position in WisdomTree India Earnings Fund during the 3rd quarter valued at about $48,000. Farther Finance Advisors LLC increased its position in shares of WisdomTree India Earnings Fund by 120.7% during the third quarter. Farther Finance Advisors LLC now owns 1,225 shares of the exchange traded fund’s stock valued at $54,000 after buying an additional 670 shares during the period. Turning Point Benefit Group Inc. purchased a new stake in shares of WisdomTree India Earnings Fund in the third quarter worth about $57,000. Finally, MAI Capital Management boosted its position in shares of WisdomTree India Earnings Fund by 616.5% in the third quarter. MAI Capital Management now owns 1,433 shares of the exchange traded fund’s stock valued at $63,000 after acquiring an additional 1,233 shares during the period.

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.