WisdomTree India Earnings Fund (NYSEARCA:EPI) Hits New 1-Year Low – Here’s What Happened

Shares of WisdomTree India Earnings Fund (NYSEARCA:EPI) reached a new 52-week low during trading on Thursday . The company traded as low as $41.44 and last traded at $41.51, with a volume of 972776 shares traded. The stock had previously closed at $41.62.

WisdomTree India Earnings Fund Price Performance

The stock’s 50-day simple moving average is $43.86 and its 200 day simple moving average is $46.80. The stock has a market capitalization of $2.77 billion, a P/E ratio of 16.06 and a beta of 0.57.

Institutional Investors Weigh In On WisdomTree India Earnings Fund

Hedge funds and other institutional investors have recently modified their holdings of the company. Continuum Advisory LLC lifted its holdings in shares of WisdomTree India Earnings Fund by 128.0% during the fourth quarter. Continuum Advisory LLC now owns 700 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 393 shares in the last quarter. FNY Investment Advisers LLC raised its stake in WisdomTree India Earnings Fund by 151.7% in the fourth quarter. FNY Investment Advisers LLC now owns 745 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 449 shares in the last quarter. Farther Finance Advisors LLC acquired a new position in WisdomTree India Earnings Fund in the fourth quarter valued at about $34,000. EverSource Wealth Advisors LLC acquired a new position in WisdomTree India Earnings Fund in the fourth quarter valued at about $43,000. Finally, National Bank of Canada FI raised its stake in WisdomTree India Earnings Fund by 39.7% in the third quarter. National Bank of Canada FI now owns 1,055 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 300 shares in 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.