WisdomTree Investments (WETF) : Elmrox Investment Group Im has sold out all of its stake in WisdomTree Investments during the most recent quarter, according to the disclosure filed by the company on May 11, 2016 with the SEC. The investment management company has sold out 140,985 shares of WisdomTree Investments which is valued at $1.5 Million.
Other Hedge Funds, Including , Menta Capital reduced its stake in WETF by selling 46,700 shares or 58.87% in the most recent quarter. The Hedge Fund company now holds 32,632 shares of WETF which is valued at $339,046. WisdomTree Investments makes up approx 0.05% of Menta Capital’s portfolio. Engineers Gate Manager Lp sold out all of its stake in WETF during the most recent quarter. The investment firm sold 304,303 shares of WETF which is valued $3.2 Million. Shanda Payment Holdings Ltd. added WETF to its portfolio by purchasing 1,476,412 company shares during the most recent quarter which is valued at $15.5 Million. WisdomTree Investments makes up approx 5.74% of Shanda Payment Holdings Ltd.’s portfolio.Liberty Mutual Group Asset Management reduced its stake in WETF by selling 28,257 shares or 38.28% in the most recent quarter. The Hedge Fund company now holds 45,568 shares of WETF which is valued at $478,008. WisdomTree Investments makes up approx 0.02% of Liberty Mutual Group Asset Management’s portfolio. Quadrant Capital Group sold out all of its stake in WETF during the most recent quarter. The investment firm sold 368 shares of WETF which is valued $4,008.
WisdomTree Investments opened for trading at $10.45 and hit $10.795 on the upside on Monday, eventually ending the session at $10.58, with a gain of 1.83% or 0.19 points. The heightened volatility saw the trading volume jump to 26,44,206 shares. Company has a market cap of $1,444 M.
On the company’s financial health, WisdomTree Investments reported $0.09 EPS for the quarter, based on the information available during the earnings call on Apr 29, 2016. Analyst had a consensus estimate of $0.09. The company had revenue of $60.90 million for the quarter, compared to analysts expectations of $60.69 million. The company’s revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.10 EPS.
WisdomTree Investments Inc. is an asset management company that focuses on exchange-traded funds (ETFs). The Companys family of ETFs includes fundamentally weighted funds that track its own indexes funds that track third party indexes and actively managed funds. The Company distributes its ETFs through all major channels within the asset management industry including brokerage firms registered investment advisers institutional investors private wealth managers and discount brokers. Most of its index-based funds employ a fundamental weighted investment methodology which weights securities on the basis of factors such as dividends or earnings whereas most other ETF industry indexes use a capitalization weighted methodology. In addition it also offers actively managed ETFs which are ETFs that are not-based on a particular index but rather are actively managed with complete transparency into the ETFs portfolio on a daily basis.