WisdomTree India Earnings Fund (NYSEARCA:EPI) Sets New 12-Month Low – Time to Sell?

WisdomTree India Earnings Fund (NYSEARCA:EPI) shares reached a new 52-week low during trading on Friday . The stock traded as low as $41.80 and last traded at $41.82, with a volume of 1484920 shares changing hands. The stock had previously closed at $42.52.

WisdomTree India Earnings Fund Stock Performance

The firm’s fifty day simple moving average is $44.18 and its 200 day simple moving average is $46.94. The firm has a market cap of $2.80 billion, a P/E ratio of 16.06 and a beta of 0.57.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Avid Wealth Partners LLC lifted its holdings in shares of WisdomTree India Earnings Fund by 4.5% in the 3rd quarter. Avid Wealth Partners LLC now owns 65,564 shares of the exchange traded fund’s stock valued at $3,308,000 after acquiring an additional 2,803 shares during the last quarter. Executive Wealth Management LLC bought a new position in shares of WisdomTree India Earnings Fund in the 3rd quarter valued at about $264,000. Trademark Financial Management LLC bought a new position in shares of WisdomTree India Earnings Fund in the 3rd quarter valued at about $401,000. Beacon Financial Advisory LLC lifted its holdings in shares of WisdomTree India Earnings Fund by 60.4% in the 3rd quarter. Beacon Financial Advisory LLC now owns 20,337 shares of the exchange traded fund’s stock valued at $1,026,000 after acquiring an additional 7,661 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of WisdomTree India Earnings Fund by 266.5% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 22,515 shares of the exchange traded fund’s stock valued at $1,136,000 after acquiring an additional 16,371 shares during the last quarter.

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.