WETF - WETF STOCK NEWS

WisdomTree (NASDAQ: WETF) announced forward share splits for its U.S. Total Dividend Fund (DTD) and U.S. LargeCap Dividend Fund (DLN), effective for shareholders on record by December 20, 2021. The 2-for-1 split will reduce share prices while maintaining the total investment value for shareholders. This adjustment aims to improve liquidity and facilitate easier trading, potentially resulting in tighter bid/ask spreads. The shares will commence trading at post-split prices from December 23, 2021. WisdomTree manages approximately $75.8 billion in assets globally.

WisdomTree Investments announced the launch of the WisdomTree Artificial Intelligence and Innovation Fund (WTAI) on December 9, 2021. This ETF aims to track the performance of the WisdomTree Artificial Intelligence & Innovation Index, focusing on companies involved in AI and innovation. WTAI has an expense ratio of 0.45% and targets sectors such as software, semiconductors, and innovative technology. Investment in AI entails risks, including competition and product obsolescence, and investors are encouraged to review the fund's prospectus for detailed risk information.

WisdomTree Investments has launched four new crypto indices, enhancing its digital asset offerings for U.S. and European investors. The RWM WisdomTree Crypto Index aims to provide broad exposure to various crypto assets. In Europe, three new exchange-traded products (ETPs) have been introduced: WisdomTree Crypto Mega Cap Equal Weight (MEGA), WisdomTree Crypto Market (BLOC), and WisdomTree Crypto Altcoins (WALT). This initiative aims to meet growing demand among financial advisors for crypto exposure while integrating traditional asset management with digital assets.

WisdomTree (NASDAQ:WETF) and Ritholtz Wealth Management have launched the RWM WisdomTree Crypto Index, designed to provide retail investors with diversified exposure to cryptoassets through financial advisors. The Index includes 36% Bitcoin, 20% Ethereum, and 44% in other cryptocurrencies, representing key areas of the crypto ecosystem. Onramp Invest will support the platform for Registered Investment Advisors (RIAs) while Gemini will handle trading and custody. This initiative aims to facilitate safer access to digital assets, catering to the growing demand for crypto investments.

WisdomTree Investments, a major asset manager, announced an expansion of its global digital assets team with the addition of twelve professionals, including John Davidson as the new Global Head of Financial Crimes. The team aims to enhance compliance and develop innovative crypto asset products and strategies across markets. The firm's focus on 'responsible DeFi' aligns with ongoing initiatives, including its Enhanced Commodity Strategy Fund and successful Bitcoin and Ether ETPs in Europe. WisdomTree manages around $78.1 billion in assets globally.

WisdomTree Investments (WETF) reported Q3 2021 results with net income of $5.8 million ($16.3 million adjusted). Total AUM was $72.8 billion, a 1.6% decline, although $0.5 billion in net inflows were recorded. Operating revenues increased by 3.1% to $78.1 million, driven by higher average AUM and a 0.41% advisory fee. The gross margin remained steady at 80.6%. A quarterly dividend of $0.03 was declared. CEO Jonathan Steinberg noted continued growth momentum, driven by a robust product lineup and strategic initiatives.

WisdomTree Investments, Inc. (NASDAQ: WETF) has launched Say, a Q&A platform for verified shareholders to submit questions ahead of its upcoming Q3 earnings call on October 29, 2021. The initiative aims to enhance transparency and engagement with shareholders. Questions can be submitted until 9:00 a.m. ET on October 28 and selected inquiries will be addressed during the earnings call. WisdomTree currently manages approximately $76.2 billion in assets globally, offering a diverse range of ETF products.