|Bid||6.45 x 1800|
|Ask||6.46 x 3100|
|Day's Range||6.31 - 6.55|
|52 Week Range||5.73 - 9.56|
|Beta (3Y Monthly)||1.09|
|PE Ratio (TTM)||30.26|
|Earnings Date||Jul 26, 2019|
|Forward Dividend & Yield||0.12 (1.90%)|
|1y Target Est||6.88|
WisdomTree (WETF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NEW YORK, July 12, 2019 -- WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager, announced.
Wisdom Tree Investments Inc NASDAQ/NGS:WETFView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low and declining * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is low for WETF with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on July 5. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding WETF totaled $64.59 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
(Bloomberg) -- It’s getting more and more difficult to prevail in the crowded market for exchange-traded funds.A record 58 ETFs were liquidated in the six months through June, marking the industry’s worst-ever start to a year, according to data compiled by Bloomberg. Multiple closures from Invesco Ltd., the fourth-largest U.S. issuer, and WisdomTree Investments Inc. pushed the number beyond the previous all-time high for the first six months of a year, reached in 2009 when 44 funds shuttered in the midst of the financial crisis.But almost all of these failed funds share one common trait: A higher management fee.So-called zombie funds, which attract little trading activity or investment, are getting hit hard as competition ratchets up in the cutthroat ETF arena. With more than 2,000 ETFs to choose from, asset managers are fighting an intensifying fee war to woo investors. That’s put their profit margins under pressure and lowered tolerance for slow-growing products, sending a steady stream of funds to the ETF graveyard.“Attrition is going to happen as fee compression becomes the norm,” said Mohit Bajaj, director of ETFs at WallachBeth Capital.Another 12 funds are already slated to shut later this year, including six from BlackRock Inc., potentially propelling annual closures to a record, according to Bloomberg Intelligence.About a fifth of the funds that vanished in the first half focused on single countries, including Poland and Germany. Many others, like the WBI BullBear Global Rotation ETF or the JPMorgan Diversified Return International Currency Hedged ETF, tracked complex ideas that failed to attract investor attention.But higher expense ratios unite almost all these funds. The liquidated ETFs charged an average $6.20 for every $1,000 invested, while more than 70% of flows this year went to funds that charge $1 or less.“This particular outbreak in the fee war was the most violent I’ve ever seen,” said Eric Balchunas, an analyst at Bloomberg Intelligence. “It scared a lot of people who might have had ETFs in registration,” he said, referring to the process that all funds go through before they begin to trade.The race to zero is impacting big firms and small. While large banks like JPMorgan Chase & Co. -- which started a stock fund charging just 20 cents in March -- are leveraging their scale to lower costs, smaller players are looking to make a name for themselves by offering bargain-basement prices, or even eliminating fees. Newcomer Salt Financial is paying investors to own one of its ETFs.Price sensitivity is also impacting the number of entrants, according to a July 1 Bloomberg Intelligence report, which found fund debuts could drop 10% this year from a three-year average of 250.It’s natural to see a pullback in new products following years of growth, according to Phil Bak, chief executive officer of Exponential ETFs.“There was a feeling in the last five years of a gold rush, with a lot of people rushing into the space,” he said. But “you want to invest in something that the asset manager really stands behind.”\--With assistance from Kenneth Sexton.To contact the reporters on this story: Vildana Hajric in New York at email@example.com;Annie Massa in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Alan Mirabella at email@example.com, ;Jeremy Herron at firstname.lastname@example.org, Rachel Evans, Brendan WalshFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
NEW YORK, June 24, 2019 -- WisdomTree (NASDAQ:WETF) today announced that WisdomTree declared distributions for the following WisdomTree ETFs. Rates are listed below:.
NEW YORK, June 03, 2019 -- WisdomTree (NASDAQ: WETF), an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager, today announced the.
CEO of Wisdomtree Investments Inc (NASDAQ:WETF) Jonathan L Steinberg bought 79,365 shares of WETF on 05/23/2019 at an average price of $6.25 a share.
Investors looking to tap technology companies with platform-based businesses models have a new exchange traded fund to consider. The WisdomTree Modern Tech Platforms Fund (NYSE: PLAT ) debuted Wednesday. ...
WisdomTree (WETF), an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager, today announced the launch of the WisdomTree Modern Tech Platforms Fund (PLAT) on the NYSE Arca. PLAT seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Modern Tech Platforms Index and has an expense ratio of 0.45%. What is a “Modern Tech Platform”?
$8.8 million net income, or $7.7 million net income, as adjusted $0.05 diluted EPS for the quarter, also $0.05 as adjusted Declares $0.03 quarterly dividend NEW YORK,.
NEW YORK, April 25, 2019 -- WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager, today.
IFP advisors, business operations personnel and clients can access the modern wealth management operating system from AdvisorEngine; IFP advisors can access model portfolios from WisdomTree NEW YORK , ...
WisdomTree (WETF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NEW YORK, April 15, 2019 -- WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager, today.