Wisdomtree Investments, Inc. (WETF): Jonathan L Steinberg , CEO of Wisdomtree Investments, Inc. purchased 100,000 shares on Sep 14, 2016. The Insider buying transaction was reported by the company on Sep 14, 2016 to the Securities and Exchange Commission. The shares were purchased at $10.23 per share for a total value of $1,022,530.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 22, 2016, Jonathan L Steinberg (CEO) purchased 250,000 shares at $10.16 per share price.On Aug 4, 2016, Anthony Bossone (director) purchased 50,000 shares at $9.90 per share price.Also, On Dec 18, 2015, Bruce I Lavine (director other) sold 10,000 shares at $17.36 per share price.On Nov 24, 2015, Michael H Steinhardt (director) sold 500,000 shares at $21.30 per share price.
WisdomTree Investments: On Monday, Sep 12, 2016 heightened volatility was witnessed in WisdomTree Investments which led to swings in the share price. The shares opened for trading at $9.97 and hit $10.53 on the upside , eventually ending the session at $10.48, with a gain of 3.87% or 0.39 points. The heightened volatility saw the trading volume jump to 1,896,562 shares. The 52-week high of the share price is $22.33 and the company has a market cap of $1,431 M . The 52-week low of the share price is at $8.7.
Company has been under the radar of several Street Analysts.WisdomTree Investments is Downgraded by BofA/Merrill to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jun 28, 2016.
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.