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wisdomtree sees increased institutional investment and positive analyst ratings
Victory Capital Management Inc. has increased its holdings in WisdomTree, owning 1,922,414 shares valued at $19.05 million after acquiring 923,994 additional shares. Meanwhile, Marshall Wace LLP raised its stake by 82.3%, now holding 772,543 shares worth $7.66 million. Institutional investors currently own 78.64% of WisdomTree, which operates as an ETF sponsor and asset manager. Recent analyst ratings show a "Moderate Buy" consensus, with UBS Group raising its price target to $14.00, indicating a potential upside of 32.33%.
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