MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, January 31, 2012 The Street Punishes WisdomTree WisdomTree Investments (WETF on the Nasdaq) [profile] had a rough Monday. The New York City-based exchange-traded fund provider released its fourth quarter 2011 earnings report yesterday [see MFWire.com, 1/30/2012], and its shares dipped more than 13 percent before ending the day at $5.75, down 8.73 percent. The Nasdaq dipped 0.16 percent. Murray Coleman from Barron's picked up WisdomTree's pain, noting that the ETF specialists' earnings showing a drop in net inflows last year. Aside from this, the ETF provider also saw a year-over-year drop in its ETF market share, in terms of net inflows, and a decrease in their assets under management. WisdomTree earned $0.01 per share in Q4 2011, in line with analysts' estimates. Printed from: MFWire.com/story.asp?s=38983 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |