WisdomTree, Inc. (WT) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. The power of a c ...

Core Viewpoint - The WisdomTree U.S. High Yield Corporate Bond ETF (QHY) offers investors exposure to the high-yield corporate bond market, aiming to match the performance of the WisdomTree U.S. High Yield Corporate Bond Index, which focuses on issuers with attractive fundamental and income characteristics [1][3]. Fund Overview - QHY was launched on April 27, 2016, and has accumulated over $220.56 million in assets, categorizing it as an average-sized ETF in the high-yield bond space [1][3]. - The fund is managed by WisdomTree and seeks to replicate the performance of a rule-based alternatively weighted index [3]. Cost Structure - The annual operating expenses for QHY are 0.38%, which is competitive within its peer group [4]. - The fund's 12-month trailing dividend yield is reported at 6.26% [4]. Holdings and Sector Exposure - The fund's top holdings include ViacomCBS Inc (4.95% due 1/15/2031) and Organon Finance 1 LLC (5.125% due 4/30/2031), with the top 10 holdings accounting for approximately 8.14% of total assets [5]. - The fund has a diversified portfolio with about 479 holdings, which helps mitigate company-specific risk [6][7]. Performance Metrics - As of October 18, 2024, QHY has increased by approximately 3.97% year-to-date and has remained flat over the past year [6]. - The ETF has traded within a range of $44.85 to $46.48 over the past 52 weeks [6]. Alternatives in the Market - Other ETFs in the high-yield bond space include iShares iBoxx $ High Yield Corporate Bond ETF (HYG) and iShares Broad USD High Yield Corporate Bond ETF (USHY), with assets of $14.46 billion and $19.95 billion respectively [7]. - HYG has an expense ratio of 0.49%, while USHY charges 0.08%, indicating potential alternatives for cost-conscious investors [7].

NEW YORK, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against WisdomTree, Inc. (NYSE:WT) and Franklin Resources, Inc. (NYSE: BEN). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided. WisdomTree, Inc. (NYSE:WT) On August 6, 2024, WisdomTr ...

WisdomTree, Inc. (WT) has been on a downward spiral lately with significant selling pressure. After declining 6.4% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier. Here is How to Spot Oversold Stocks We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a sto ...

Core Viewpoint - Investors are seeking growth stocks that can deliver above-average growth and exceptional returns, but identifying such stocks can be challenging due to inherent risks and volatility [1] Group 1: Growth Stock Identification - The Zacks Growth Style Score system aids in identifying promising growth stocks by analyzing real growth prospects beyond traditional metrics [2] - WisdomTree, Inc. (WT) is highlighted as a recommended stock with a favorable Growth Score and a top Zacks Rank [2] Group 2: Earnings Growth - Earnings growth is crucial for investors, with double-digit growth being a strong indicator of future stock price gains [3] - WisdomTree, Inc. has a historical EPS growth rate of 11.4%, but projected EPS growth for this year is expected to be 67.6%, significantly higher than the industry average of 13.5% [4] Group 3: Asset Utilization - The asset utilization ratio, or sales-to-total-assets (S/TA) ratio, is an important metric for growth investing, indicating how efficiently a company generates sales from its assets [5] - WisdomTree, Inc. has an S/TA ratio of 0.41, outperforming the industry average of 0.21, indicating higher efficiency in generating sales [6] Group 4: Sales Growth - WisdomTree, Inc. is also well-positioned for sales growth, with expected sales growth of 21.3% this year compared to the industry average of 1% [6] Group 5: Earnings Estimate Revisions - Trends in earnings estimate revisions are correlated with near-term stock price movements, with positive revisions being favorable [7] - Current-year earnings estimates for WisdomTree, Inc. have been revised upward, with the Zacks Consensus Estimate increasing by 2.2% over the past month [8] Group 6: Overall Assessment - WisdomTree, Inc. has achieved a Zacks Rank of 2 and a Growth Score of B based on various favorable metrics, indicating its potential as a solid choice for growth investors [8][9]

If you're interested in broad exposure to the Large Cap Value segment of the US equity market, look no further than the WisdomTree U.S. LargeCap ETF (EPS) , a passively managed exchange traded fund launched on 02/23/2007. The fund is sponsored by Wisdomtree. It has amassed assets over $964.81 million, making it one of the average sized ETFs attempting to match the Large Cap Value segment of the US equity market. Why Large Cap Value Companies that find themselves in the large cap category typically have a ma ...

NEW YORK, Aug. 30, 2024 /PRNewswire/ -- Wolf Haldenstein Adler Freeman & Herz LLP ("Wolf Haldenstein"), a preeminent national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in WisdomTree. Inc. (NYSE: WT) ("WisdomTree" or the "Company") The investigation focuses on whether the Company issued false and/or misleading statements and/or did not disclose information pertinent to investors. PLEASE CLICK HERE TO PROVIDE YOUR CONTACT INFORMATION On August 6, 2024 ...

Core Viewpoint - WisdomTree, Inc. is under investigation for potential violations of federal securities laws, following a Wells Notice from the SEC indicating a preliminary determination to file an enforcement action [2][1]. Group 1: Company Investigation - Bragar Eagel & Squire, P.C. is investigating potential claims against WisdomTree on behalf of its stockholders [1]. - The investigation focuses on whether WisdomTree has engaged in unlawful business practices or violated federal securities laws [1]. Group 2: Stock Performance - Following the announcement of the Wells Notice on August 6, 2024, WisdomTree's stock price decreased by $0.25, or 2.5%, closing at $9.76 per share [2]. Group 3: Investor Information - Investors who purchased WisdomTree shares and experienced losses are encouraged to contact Bragar Eagel & Squire for more information regarding their rights and potential claims [3].

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which look ...

Assets Under Management (AUM) and ETF/ETP Performance - The company's AUM (Assets Under Management) reached $109.7 billion as of June 30, 2024, up from $107.2 billion in the previous quarter[115][116] - The company's U.S. listed ETFs AUM increased from $78.1 billion in Q1 2024 to $79.7 billion in Q2 2024, driven by market appreciation and net inflows[121] - European listed ETPs AUM grew from $29.1 billion in Q1 2024 to $30.0 billion in Q2 2024, despite net outflows of $0.8 billion[121] - Global ETPs end of period assets increased to $109,686 million in June 2024, up from $93,666 million in June 2023[133] - U.S. Listed ETFs saw inflows of $1,106 million in June 2024, compared to $3,249 million in June 2023[133] - European Listed ETPs experienced outflows of $766 million in June 2024, compared to outflows of $922 million in June 2023[133] - U.S. Equity ETPs had inflows of $221 million in June 2024, down from $414 million in June 2023[133] - Commodity & Currency ETPs saw outflows of $1,499 million in June 2024, compared to outflows of $1,513 million in June 2023[133] - Fixed Income ETPs recorded inflows of $236 million in June 2024, a decrease from $1,471 million in June 2023[133] - International Developed Market Equity ETPs had inflows of $1,253 million in June 2024, down from $1,593 million in June 2023[133] - Emerging Market Equity assets increased from $10,726 million at the beginning of the period to $11,875 million at the end, driven by $629 million in market appreciation and $57 million in inflows[134] - Leveraged & Inverse assets grew from $1,828 million to $1,922 million, with $112 million in market appreciation offsetting $18 million in outflows[134] - Cryptocurrency assets decreased from $874 million to $838 million, with $111 million in market depreciation and $75 million in inflows[134] - Average AUM increased by 18.4% from $91,578 million in Q2 2023 to $108,392 million in Q2 2024[135] - Average AUM grew by 17.7% from $89,543 million in H1 2023 to $105,376 million in H1 2024[145] Financial Performance and Revenues - Total revenues increased by 24.9% year-over-year to $107.0 million for the three months ended June 30, 2024[123] - Net income for Q2 2024 was $21.8 million, compared to $54.3 million in the same period last year[123] - Advisory fee revenues rose 20.7% from $82.0 million in Q2 2023 to $98.9 million in Q2 2024, with average advisory fees at 0.37%[136] - Other revenues surged 117.6% from $3.7 million in Q2 2023 to $8.1 million in Q2 2024, driven by European listed products[135] - Advisory fee revenues increased by 19.9% from $159.6 million in H1 2023 to $191.4 million in H1 2024, driven by higher average AUM[146] - Other revenues surged by 53.0% from $8.1 million in H1 2023 to $12.4 million in H1 2024, attributed to European listed products[146] - Adjusted net income for Q2 2024 was $27.1 million, compared to $14.9 million in Q2 2023[164] - Adjusted diluted earnings per share for Q2 2024 was $0.16, compared to $0.09 in Q2 2023[164] Expenses and Compensation - Compensation expense for 2024 is estimated to range from 28% to 29% of revenue, with planned hires and incentive compensation variability factored in[124] - Total operating expenses increased 8.9% from $67.5 million in Q2 2023 to $73.5 million in Q2 2024, with compensation and benefits up 17.0% to $30.8 million[137] - Headcount grew from 291 in June 2023 to 304 in June 2024, contributing to higher compensation costs[138] - Total operating expenses increased by 7.1% from $133.0 million in H1 2023 to $142.4 million in H1 2024[147] - Compensation and benefits expense rose by 15.1% from $53.7 million in H1 2023 to $61.8 million in H1 2024 due to higher incentive and stock-based compensation[149] - Fund management and administration expense increased by 15.0% from $34.9 million in H1 2023 to $40.1 million in H1 2024, driven by higher AUM and product launches[150] - Depreciation and amortization expense surged by 248.3% from $0.2 million in H1 2023 to $0.8 million in H1 2024 due to software development costs[152] Cash Flow and Liquidity - Cash, cash equivalents, and restricted cash increased by $3.2 million in the first half of 2024, reaching $132.5 million[164][166] - Operating cash flows for the first half of 2024 were $31.2 million, compared to $20.0 million in the same period of 2023[165] - Total available liquidity as of June 30, 2024, was $103.6 million, up from $73.1 million at the end of 2023[164] - The company's corporate cash investments totaled $83.0 million as of June 30, 2024, primarily in federal agency debt instruments, WisdomTree fixed income ETFs, U.S. treasuries, and corporate bonds[183] Debt and Financial Instruments - The company issued $130.0 million in 5.75% Convertible Senior Notes due 2028 in February 2023[167] - Financial instruments owned, at fair value, increased to $69.8 million as of June 30, 2024, from $58.7 million at the end of 2023[164] - The company repurchased $115.0 million of 2020 Convertible Notes, resulting in a $9.7 million loss on extinguishment in Q1 2023[167] - The company has $280.0 million in aggregate principal amount of Convertible Notes outstanding, with $150.0 million maturing on June 15, 2026, and $130.0 million maturing on August 15, 2028[172] - The 2023 Convertible Notes have an interest rate of 5.75%, while the 2021 Convertible Notes have an interest rate of 3.25%[168] - The company repurchased 1,096,278 shares of its common stock for an aggregate cost of $7.8 million during the six months ended June 30, 2024, with $88.6 million remaining under the repurchase program[171] - The company repurchased its Series C Preferred Stock from GBH for aggregate cash consideration of approximately $84.4 million on November 20, 2023[173] Guidance and Projections - The company updated its gross margin guidance for 2024 to 80%-81%, up from the previous range of 79%-80%[126] - Discretionary spending for 2024 is projected to be between $64.0 million and $68.0 million, with a skew towards Q4 due to seasonality[125] Blockchain and Digital Assets - The company's blockchain-native digital wallet, WisdomTree Prime, is available in 44 U.S. states, covering approximately 79% of the U.S. population[115] Regulatory and Tax Considerations - The effective income tax rate for H1 2024 was 23.5%, resulting in an income tax expense of $13.5 million, influenced by non-deductible executive compensation and state taxes[161] - The company's subsidiaries are required to maintain a minimum level of regulatory capital, which was approximately $37.0 million in the aggregate as of June 30, 2024[171] Miscellaneous - The company terminated a deferred consideration—gold payments obligation for $137.0 million in Q2 2023[162] - The company repurchased Series C Preferred Stock for $84.4 million in Q4 2023, with $40.0 million paid upfront[162] - The company's total future minimum lease payments with respect to operating lease liabilities were $0.9 million as of June 30, 2024[174] - The company recognized gains of $1.8 million on its financial instruments during the six months ended June 30, 2024[183] - The company's advisory fees are based on a percentage of the ETPs' average daily net assets, with revenue recognized over time as the performance obligation is satisfied[180] - The company's European listed ETPs predominantly earn advisory fees in U.S. dollars, with expenses for corporate overhead generally incurred in British pounds[186]