Yesterday was a big day for Jonathan Steinberg
and co. at WisdomTree [see profile]
. The New York City-based ETF shop listed its stock on the Nasdaq under the symbol "WETF."
The "NASDAQ listing is an important milestone and represents the next chapter of growth for the Company," said CEO Steinberg in a press release.
Steinberg and WisdomTree chairman Michael Steinhardt
talked to Bloomberg
to see the clip.
Previously, WisdomTree's stock was listed on Pink Sheets under the symbol "WSDT."
WisdomTree, which entered the ETF business in 2006 and is now the eighth largest sponsor with $13.4 billion of AUM,
to list its stock on the Nasdaq in 2007.
on Tuesday's listing.
Company Press Release
WisdomTree Lists on NASDAQ Global Market
New York, NY – July 26, 2011 – WisdomTree Investments, Inc.
(NASDAQ: WETF - News), an exchange-traded fund ("ETF") sponsor and asset manager, today
announced the Company listed its common stock on The NASDAQ Global Market under symbol "WETF."
WisdomTree CEO Jonathan Steinberg said, "In 2006 we launched our first ETFs and in five years
have become the 8th largest sponsor with $13.4 billion in assets and a track record of product
innovation. Today's NASDAQ listing is an important milestone and represents the next chapter
of growth for the Company."
WisdomTree Chairman Michael Steinhardt commented, "From the beginning, Jonathan and I had
a shared objective of building an asset management firm with a philosophy focused on
performance in the investor-friendly ETF structure. I believed then, and am further convinced
today, that this powerful combination makes for a tremendous opportunity."
WisdomTree Investments, Inc. is a New York-based exchange-traded fund (“ETF”) sponsor and
asset manager. WisdomTree currently offers 47 ETFs across Equities, Currency Income, Fixed
Income and Alternatives asset classes. WisdomTree also licenses its indexes to third parties for
proprietary products and offers a platform to promote the use of WisdomTree ETFs in 401(k)
plans. WisdomTree currently has approximately $13.4 billion in ETF assets under management.
For more information, please visit www.wisdomtree.com.
WisdomTree® is the marketing name for WisdomTree Investments, Inc. and its wholly owned
subsidiaries WisdomTree Asset Management, Inc. and WisdomTree Retirement Services, Inc.
WisdomTree Asset Management, Inc. is a registered investment advisor and is the investment
advisor to the WisdomTree Trust and the WisdomTree ETFs. The WisdomTree Trust is a
registered open-end investment company. Each WisdomTree ETF is a series of the WisdomTree
Trust. WisdomTree Retirement Services, Inc. supports the use of the WisdomTree ETFs in
retirement plans by financial professionals.
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