WisdomTree Investments (WETF) : During the past 4 weeks, traders have been relatively bearish on WisdomTree Investments (WETF), hence the stock is down -0.09% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.33% relative to the S&P 500. The 4-week change in the price of the stock is -0.3% and the stock has fallen -1.98% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 2.74% and the fifty day Moving Average is 4.83%. WisdomTree Investments, Inc. has dropped 19.76% during the last three month period . Year-to-Date the stock performance stands at -36.8%.
WisdomTree Investments (WETF) has been rated by 4 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $13 and the lowest price target forecast is $9. The average forecast of all the analysts is $11 and the expected standard deviation is $1.63.
WisdomTree Investments (NASDAQ:WETF): stock turned positive on Friday. Though the stock opened at $9.9, the bulls momentum made the stock top out at $10.075 level for the day. The stock recorded a low of $9.76 and closed the trading day at $9.91, in the green by 0.51%. The total traded volume for the day was 1,800,621. The stock had closed at $9.86 in the previous days trading.
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.