WETF - WETF STOCK NEWS

WisdomTree Investments (WETF) reported a robust Q3 2022, posting a net income of $81.2 million and adjusted net income of $9.3 million. The firm experienced a YTD annualized inflow rate of 14%, with $1.7 billion in net inflows primarily from fixed income and U.S. equity products. Assets Under Management (AUM) totaled $70.9 billion, down 4.6% due to market depreciation. Operating revenues fell 6.3% to $72.4 million, attributed to lower average AUM and advisory fees. The company plans to simplify its name and ticker, reflecting its expansion beyond ETFs into digital assets.

WisdomTree Investments (NASDAQ: WETF) is transferring its common stock listing to the New York Stock Exchange from Nasdaq, effective November 7, 2022, and will change its corporate name to WisdomTree, Inc.. This move reflects the company's evolution beyond ETFs. With approximately $73 billion in assets under management, WisdomTree aims to leverage the NYSE platform for growth in ETPs and blockchain-enabled financial services. CEO Jonathan Steinberg emphasized the brand enhancement as a step towards broadening the company's mission and capabilities.

WisdomTree Investments (NASDAQ: WETF) has announced a collaboration with Stride Bank and Galileo Financial Technologies to launch its blockchain-native digital wallet, WisdomTree Prime™. This wallet will enable retail payments, demand deposit accounts, and Visa-branded debit cards. Users can integrate traditional bank accounts with digital asset activities. The wallet supports both virtual and physical debit cards, enhancing user experience. The initiative is part of WisdomTree's strategy to innovate in blockchain-enabled finance, enhancing liquidity and transparency for investors.

WisdomTree Investments, Inc. (NASDAQ: WETF) announced the launch of Say, a shareholder Q&A platform, ahead of its Q3 earnings call scheduled for October 28, 2022, at 11:00 a.m. ET. This platform allows verified shareholders to submit questions to management, enhancing transparency and engagement. Shareholders can submit inquiries until 9:00 a.m. ET on October 27, 2022. WisdomTree manages approximately $72.0 billion in assets globally, offering a range of investment products across various asset classes.

WisdomTree Investments (NASDAQ: WETF) announced it will release its third quarter results on October 28, 2022, at 7:00 a.m. ET. A conference call to discuss the results will follow at 11:00 a.m. ET. Participants can register via a provided link and are encouraged to join the call 10 minutes early. The company manages approximately $72.4 billion in assets globally and offers various financial products, including ETFs and ETPs across multiple strategies. Key materials will be available on the WisdomTree Investor Relations website.

WisdomTree Investments (NASDAQ: WETF) announced its eighth consecutive quarter of net inflows, achieving approximately $1.75 billion in inflows for Q3 2022. The firm reported a 12% annualized inflow rate, with year-to-date inflows in most asset categories, particularly a 13% rate in U.S. Equity products. Additionally, WisdomTree received SEC approval for its Short-Term Treasury Digital Fund, a blockchain-enabled product with no management fees, indicating a significant step in its digital asset strategy.

WisdomTree Investments (NASDAQ: WETF) has launched the WisdomTree Emerging Markets ex-China Fund (XC), an ETF designed to track the performance of the WisdomTree Emerging Markets ex-China Index. This fund targets investors looking to gain exposure to emerging markets while excluding state-owned enterprises (SOEs), which typically represent a conflict of interest. XC has an expense ratio of 0.32% and focuses on sectors like Consumer Discretionary and Health Care. The fund aims to provide exposure to higher growth potential in emerging markets amid changing market conditions.

WisdomTree Investments announces the appointment of Daniela Mielke to its Board of Directors, following Susan Cosgrove’s resignation. Mielke, with over 20 years in the fintech and payments sector, previously held executive roles at PayPal and Visa. Her expertise is expected to enhance WisdomTree's strategic expansion, particularly as the firm launches WisdomTree Prime™, a digital wallet focused on tokenized assets. The company manages approximately $74 billion in assets.