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WisdomTree Asks SEC Approval for 31 ETFs
WisdomTree Investments, Inc. announced Thursday that it has asked for Securities and Exchange Commission approval to register 31 new exchange-traded funds (ETFs).
Reported by Adrien Martin
According to a news release, the WisdomTree Indexes anchor the initial weights of individual stocks to a measure of fundamental value, rather than using capitalization-weighted indexes.
The Delaware company already has 30 fundamentally-weighted ETFs listed on the New York Stock Exchange, 10 of which it added in early October and are strictly international, according to a prior news release.
For more information on the new ETFs visit http://www.wisdomtree.com/etfs/