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Assets Under Management continue to grow at The Wisdom Tree ($WETF)

As I've opined in the past, I think that  one of the purest (and best) investment plays in the growth industry of ETF sponsors and management is Wisdom Tree Investments (NASDAQ:WETF). This company was among five of the top ETFs to again increase its AUM (Assets Under Management)  in the month of July, as is evident from the following data (compiled by National Stock Exchange)--and appears ready to move into the number seven slot.

 

 

 

 

 

 

 

 

Assets ($Mil)

By Issuer

Jul-09

Jul-10

Jun-11

Jul-11

Products

Blackrock

$317,283

$389,084

$474,240

$472,885

213

SSgA1

$159,283

$199,101

$259,331

$266,139

101

Vanguard

$66,411

$112,925

$174,750

$173,888

64

Invesco/PowerShares

$28,899

$34,638

$44,142

$46,187

114

ProShares

$26,193

$25,074

$27,152

$26,314

122

Van Eck

$8,268

$14,247

$22,904

$24,221

35

Deutsche Bank2

$7,784

$9,804

$13,265

$13,732

21

Wisdom Tree

$4,524

$6,750

$12,934

$13,322

47

 

 

2011 Highlights To Date:

 

·       Already surpassed the $3.3 billion of asset inflows it experienced in full year 2010

 

·       Launch of the two of the industry’s most successful ETFs in the first half of this year, according to InvestmentNews

 

·       Listing of the stock on the NASDAQ Global Market

 

·       A strong balance sheet with $24.6 million in cash and equivalents and no long- term debt

 

·       Profitable operations even on a GAAP reporting basis

 

 

 

 Harris L. Berenholz,CFA

 

Disclosure: I own WETF shares