Welcome to our dedicated page for WisdomTree news (Ticker: WT), a resource for investors and traders seeking the latest updates and insights on WisdomTree stock.
WisdomTree, Inc. (symbol: WT) is a leading financial services company dedicated to offering a diverse range of exchange-traded products (ETPs) since its inception in June 2006. As the tenth largest ETP sponsor globally, WisdomTree has an impressive suite of domestic, international, and global equities, fixed income, currencies, commodities, and alternative strategies. The company is renowned for pioneering fundamentally weighted ETFs and active ETFs, making it an industry leader in these categories based on assets under management.
What sets WisdomTree apart is its exclusive focus on the ETP industry, and it's the only publicly traded asset manager with this specialization, listed on the NASDAQ Global Market under the ticker: WT.
In addition to its traditional financial products, WisdomTree is at the forefront of financial innovation. The company is actively developing next-generation digital products and structures, including digital funds and tokenized assets. One of their notable digital solutions is the blockchain-native digital wallet, WisdomTree Prime.
WisdomTree's commitment to innovation is matched by its dedication to investor education and transparency. Investors are encouraged to carefully consider the investment objectives, risks, charges, and expenses associated with their funds. Comprehensive prospectuses and other critical information are readily accessible through their website or by calling their investor hotline.
For the latest updates and relevant information about WisdomTree’s performance, events, and developments, investors can follow the company’s news and updates on their official social media channels.
Rhea-AI Summary
WisdomTree, Inc. (WT) reported financial results for Q4 2023, including $100.1 billion in total AUM, 520bps of operating margin expansion, and diluted earnings per share of $0.16. The company experienced a 13% annualized organic growth rate across all products and $19.1 million net income. The company also reported a 0.3 billion net outflows and 0.36% average advisory fee. WisdomTree also repurchased Series C non-voting preferred shares convertible into 13.1 million shares of common stock from Gold Bullion Holdings for approximately $84.4 million. The company also declared a $0.03 quarterly dividend payable on February 28, 2024, and reported significant growth in client base and wallet share penetration.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
Tags
-
News
Rhea-AI Summary
WisdomTree, Inc. (NYSE: WT) announced the launch of the U.S. MidCap Quality Growth Fund (QMID) and U.S. SmallCap Quality Growth Fund (QSML) on the NASDAQ. Both funds aim to track the price and yield performance of the WisdomTree U.S. MidCap Quality Growth Index and WisdomTree U.S. SmallCap Quality Growth Index, with expense ratios of 0.38%. The funds focus on identifying stocks with quality and growth characteristics, particularly in the smaller capitalization segments of the market. WisdomTree's Global Chief Investment Officer emphasized the importance of the right index screens and rebalancing process for performance. The funds allow investors to gain exposure to U.S. mid- and small- market capitalization companies with strong quality and growth characteristics, while avoiding speculative stocks with low or negative profitability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.52%
Tags
-
Rhea-AI Summary
WisdomTree, Inc. (NYSE: WT) has launched Say, a stockholder Q&A platform, to enhance transparency and engagement with its stockholders. Verified stockholders can submit questions to management via Say Connect in advance of the upcoming fourth quarter earnings call on February 2, 2024. Questions must be submitted by February 1, 2024, and select questions will be addressed during the live webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.52%
Tags
Rhea-AI Summary
WisdomTree, Inc. (NYSE: WT) plans to release its fourth-quarter results on February 2, 2024, at 7:00 a.m. ET. A conference call to discuss the firm’s results will be held at 11:00 a.m. ET. Participants can access earnings materials and the webcast through WisdomTree’s investor relations website at https://ir.wisdomtree.com. International toll-free access numbers and webcast details are also provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.43%
Tags
-
Rhea-AI Summary
WisdomTree, Inc. (NYSE: WT) announces the launch of the WisdomTree Bitcoin Fund (BTCW), the first spot Bitcoin ETF in the U.S. with an expense ratio of 0.30%, waived for the first $1.0 billion of the Fund's assets for the first six months.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.43%
Tags
-
Rhea-AI Summary
WisdomTree, Inc. (NYSE: WT) announced the SEC's approval of the WisdomTree Bitcoin Fund (BTCW), making it the first spot Bitcoin ETF available to U.S. investors. This marks a significant milestone in providing exposure to the price of spot bitcoin within an ETF wrapper, aligning with WisdomTree's leadership in 'Responsible DeFi'.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.43%
Tags
Rhea-AI Summary
WisdomTree, a global financial innovator (NYSE: WT), achieved a new record and key milestone with over $100 billion of AUM. They finished 2023 with over $10 billion of net inflows and a ~13% pace of organic growth. However, they also experienced $765 million of net outflows in December, primarily driven by a risk-on re-allocation out of the U.S. Floating Rate Treasury Fund and profit taking in commodity products. Despite net outflows of $254 million during the quarter, they achieved milestone AUM of over $100 billion and over $10 billion of year-to-date net inflows. WisdomTree Prime™ expanded its product lineup with the introduction of three digital asset allocation funds that leverage insights from Professor Jeremy Siegel.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.86%
Tags
-
Rhea-AI Summary
WisdomTree, Inc. (NYSE: WT) announced the launch of the WisdomTree Bianco Total Return Fund (WTBN) on the NASDAQ. The fund seeks to track the price and yield performance of the Bianco Research Fixed Income Total Return Index, created by Bianco Research LLC, with an expense ratio of 541 basis points after fee waivers. It employs a multi-step rules-based process to outperform a market-cap weighted universe of US Dollar denominated debt by tilting exposures to select factors that drive fixed income performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.15%
Tags
-
Rhea-AI Summary
WisdomTree, Inc. (NYSE: WT) has announced the launch of three new Digital Funds available through WisdomTree Prime™, leveraging research insights from Professor Jeremy Siegel. These blockchain-enabled funds are actively managed and seek long-term capital appreciation using an asset allocation strategy that predominantly invests in ETFs, providing U.S. investors with more options for a curated investing experience. The new funds join WisdomTree’s suite of nine Digital Funds already available through WisdomTree Prime.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.15%
Tags
Rhea-AI Summary
WisdomTree, Inc. (NYSE: WT) reaches a significant milestone as its total assets under management (AUM) crosses $100 billion, driven by 12 consecutive quarters of net inflows and best-in-class 16% annualized organic growth. The company's well-diversified global suite of exchange-traded products (ETPs), models, and solutions, including record U.S. AUM of $72.8 billion, has contributed to this achievement. WisdomTree's successful expansion into Europe and termination of its contractual gold payments obligation have also added over 500 basis points to its operating margins.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.91%
Tags
FAQ
What is the current stock price of WisdomTree (WT)?
The current stock price of WisdomTree (WT) is $12 as of November 21, 2024.
What is the market cap of WisdomTree (WT)?
The market cap of WisdomTree (WT) is approximately 1.8B.
What does WisdomTree, Inc. specialize in?
WisdomTree, Inc. specializes in a broad range of exchange-traded products (ETPs) including equities, fixed income, currencies, commodities, and alternative strategies.
When was WisdomTree founded?
WisdomTree launched its first exchange-traded funds (ETFs) in June 2006.
Where is WisdomTree listed?
WisdomTree is listed on the NASDAQ Global Market under the ticker symbol: WT.
What innovative products is WisdomTree developing?
WisdomTree is developing next-generation digital products like digital funds, tokenized assets, and its blockchain-native digital wallet, WisdomTree Prime.
How can investors get more information about WisdomTree's funds?
Investors can obtain a prospectus containing important information by visiting wisdomtree.com or calling 1-866-909-9473.
What makes WisdomTree unique in the asset management industry?
WisdomTree is the only publicly traded asset manager exclusively focused on the ETP industry.
What types of ETPs does WisdomTree offer?
WisdomTree offers ETPs covering domestic, international, and global equities, fixed income, currencies, commodities, and alternative strategies.
How can investors stay updated with WisdomTree news?
Investors can stay updated with WisdomTree news through their official social media channels and their website.
What is WisdomTree Prime?
WisdomTree Prime is a blockchain-native digital wallet developed by WisdomTree for managing digital funds and tokenized assets.
Who should consider investing in WisdomTree funds?
Investors who carefully consider the investment objectives, risks, charges, and expenses of WisdomTree's funds should consider investing. Detailed information is available in their prospectus.
WisdomTree, Inc.
NYSE:WT
WT Rankings
WT Stock Data
1.77B
127.64M
12.7%
96.79%
13.61%
Asset Management
Security Brokers, Dealers & Flotation Companies
United States of America
NEW YORK