WisdomTree India Earnings Fund (NYSEARCA:EPI) Reaches New 12-Month Low – Here’s Why

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

WisdomTree India Earnings Fund Trading Down 1.5 %

The company has a market cap of $2.80 billion, a P/E ratio of 16.06 and a beta of 0.57. The business’s 50 day simple moving average is $44.30 and its 200 day simple moving average is $46.98.

Institutional Investors Weigh In On WisdomTree India Earnings Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EPI. Continuum Advisory LLC raised its position 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 valued at $32,000 after buying an additional 393 shares during the last quarter. FNY Investment Advisers LLC grew its holdings in shares of 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 purchased a new position in shares of WisdomTree India Earnings Fund in the fourth quarter valued at $34,000. EverSource Wealth Advisors LLC purchased a new position in shares of WisdomTree India Earnings Fund in the fourth quarter valued at $43,000. Finally, National Bank of Canada FI grew its holdings in shares of 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.