#4 - Wisdom Tree Investments (NASDAQ:WETF)
Continuing the theme of financial services companies we have Wisdom Tree Investments (NASDAQ:WETF). The asset management firm actively manages a portfolio of exchange-traded funds (ETFs) and has approximately $68 billion in ETF assets under management (AUM).
Wisdom Tree uses a proprietary model to create custom ETFs for their clients. The goal is to achieve what the company calls “modern alpha” – a combination of alternative weighting and active management strategies. Of course, the proof is in the performance and that’s why Wisdom Tree should continue to grow its AUM in 2021 and beyond.
WETF stock made a late rally in 2020 but finished up 14% for the year. You have to pay close attention to the balance sheets of these companies before you invest. You should like what you see with Wisdom Tree. The company’s net income was up 3.7% and posted an operating margin of 23%. Wisdom Tree pays a quarterly dividend that currently yields 2.18%.
About WisdomTree Investments
WisdomTree Investments, Inc, through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. The company also licenses its indexes to third parties for proprietary products, as well as offers a platform to promote the use of WisdomTree ETFs in 401(k) plans.
Read More - Current Price
- $5.26
- Consensus Rating
- N/A
- Ratings Breakdown
- 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
