Shelton Capital Management purchased a new position in WisdomTree Investments, Inc. (NASDAQ:WETF) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,401 shares of the asset manager’s stock, valued at approximately $116,000.

Several other large investors have also added to or reduced their stakes in the company. Bank of Montreal Can grew its stake in shares of WisdomTree Investments by 0.7% in the second quarter. Bank of Montreal Can now owns 50,078 shares of the asset manager’s stock worth $508,000 after purchasing an additional 356 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of WisdomTree Investments by 3.5% in the second quarter. PNC Financial Services Group Inc. now owns 19,688 shares of the asset manager’s stock worth $201,000 after purchasing an additional 668 shares in the last quarter. Texas Permanent School Fund grew its stake in shares of WisdomTree Investments by 0.8% in the second quarter. Texas Permanent School Fund now owns 83,782 shares of the asset manager’s stock worth $852,000 after purchasing an additional 692 shares in the last quarter. Tudor Investment Corp ET AL grew its stake in shares of WisdomTree Investments by 5.4% in the second quarter. Tudor Investment Corp ET AL now owns 14,289 shares of the asset manager’s stock worth $145,000 after purchasing an additional 726 shares in the last quarter. Finally, Amalgamated Bank grew its stake in shares of WisdomTree Investments by 5.0% in the second quarter. Amalgamated Bank now owns 15,966 shares of the asset manager’s stock worth $162,000 after purchasing an additional 760 shares in the last quarter. 92.53% of the stock is owned by institutional investors.

Shares of WisdomTree Investments, Inc. (NASDAQ:WETF) opened at 11.41 on Friday. The firm has a market cap of $1.54 billion, a price-to-earnings ratio of 51.86 and a beta of 3.15. The stock has a 50 day moving average price of $9.89 and a 200 day moving average price of $9.60. WisdomTree Investments, Inc. has a one year low of $7.87 and a one year high of $13.32.

WisdomTree Investments (NASDAQ:WETF) last released its earnings results on Friday, July 28th. The asset manager reported $0.09 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.07 by $0.02. The company had revenue of $63.40 million during the quarter, compared to analysts’ expectations of $57.27 million. WisdomTree Investments had a return on equity of 15.41% and a net margin of 13.33%. The business’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same period last year, the firm earned $0.07 EPS. On average, equities research analysts forecast that WisdomTree Investments, Inc. will post $0.25 EPS for the current year.

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Several research analysts have recently issued reports on the company. Keefe, Bruyette & Woods reissued an “underperform” rating on shares of WisdomTree Investments in a research note on Thursday, August 10th. BidaskClub cut WisdomTree Investments from a “hold” rating to a “sell” rating in a research note on Friday, August 11th. ValuEngine upgraded WisdomTree Investments from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st. Zacks Investment Research lowered WisdomTree Investments from a “hold” rating to a “sell” rating in a report on Wednesday. Finally, Gabelli restated a “buy” rating on shares of WisdomTree Investments in a report on Monday, July 31st. Six equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $10.60.

In other news, Director Bruce I. Lavine sold 19,849 shares of WisdomTree Investments stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $9.95, for a total value of $197,497.55. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 16.10% of the stock is currently owned by company insiders.

WisdomTree Investments Company Profile

WisdomTree Investments, Inc is an asset management company that focuses on exchange-traded funds (ETFs). The Company’s family of ETFs includes funds that track its own indexes, funds that track third party indexes and actively managed funds. It operates as an exchange traded products sponsor and asset manager providing investment advisory services in the United States, Europe, Canada and Japan.

Institutional Ownership by Quarter for WisdomTree Investments (NASDAQ:WETF)

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