Capital Management Trims WisdomTree Stake

Capital Management Corp reduced its WisdomTree stake by 79% in Q1, selling 443,826 shares for $6.9M, leaving them with 118,600 shares. Despite WisdomTrees doubling in value over the past year, the sell-off is seen as profit-taking. The companys thriving, with a $2.4B market cap, $499M revenue, and $109M net income. Q1 showed record $144.5B assets, up 30% YoY, and tokenized funds surged 25x to $770M. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9ecc4d2d9c8ce626

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