WisdomTree (Pink Sheets: WSDT) has become fairly well-known in the world of exchange traded funds. But today is a sad day for ETF traders, and is just further evidence that there are some solid ETF strategies mixed with some really bad ETF strategies out there. WisdomTree is shutting down 10 ETFs. These will not destroy the company because it is said to be in the press release only 3% of the WisdomTree assets. That does not keep this from being an added question mark, nor will it exactly be good PR for the next ETF that the firm wants to launch.
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