WisdomTree India Earnings Fund (NYSEARCA:EPI) Sees Strong Trading Volume – Here’s Why

Shares of WisdomTree India Earnings Fund (NYSEARCA:EPI) saw strong trading volume on Wednesday . 1,371,718 shares changed hands during mid-day trading, an increase of 49% from the previous session’s volume of 923,421 shares.The stock last traded at $41.6050 and had previously closed at $42.03.

WisdomTree India Earnings Fund Trading Down 1.1%

The stock’s 50 day moving average is $44.84 and its two-hundred day moving average is $45.33. The stock has a market capitalization of $2.45 billion, a price-to-earnings ratio of 18.68 and a beta of 0.49.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Wealthcare Advisory Partners LLC lifted its stake in WisdomTree India Earnings Fund by 4.5% in the 3rd quarter. Wealthcare Advisory Partners LLC now owns 5,351 shares of the exchange traded fund’s stock valued at $237,000 after acquiring an additional 230 shares in the last quarter. D.A. Davidson & CO. raised its holdings in shares of WisdomTree India Earnings Fund by 2.8% in the fourth quarter. D.A. Davidson & CO. now owns 9,838 shares of the exchange traded fund’s stock valued at $455,000 after purchasing an additional 272 shares during the last quarter. IFP Advisors Inc lifted its position in shares of WisdomTree India Earnings Fund by 2.8% in the third quarter. IFP Advisors Inc now owns 10,419 shares of the exchange traded fund’s stock worth $461,000 after purchasing an additional 280 shares in the last quarter. Trust Co. of Toledo NA OH boosted its holdings in WisdomTree India Earnings Fund by 14.2% during the fourth quarter. Trust Co. of Toledo NA OH now owns 2,464 shares of the exchange traded fund’s stock worth $114,000 after purchasing an additional 306 shares during the last quarter. Finally, Concurrent Investment Advisors LLC grew its position in WisdomTree India Earnings Fund by 1.3% in the third quarter. Concurrent Investment Advisors LLC now owns 24,524 shares of the exchange traded fund’s stock valued at $1,084,000 after purchasing an additional 318 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.