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WisdomTree Enters Commodities ETF Arena

2015-10-31 08:33:27| Steel - Topix.net

WisdomTree Investments, Inc. , the fifth-largest U.S. issuer of exchange-traded funds, entered the commodities corner of the ETF business for the first time Friday, announcing the acquisition of closely held GreenHaven Commodity Services, LLC for $11.75 million in cash. With the acquisition of GreenHaven Commodity Services, New York-based WisdomTree gains two commodities ETFs the GREENHAVEN Continuous Commodity Indx Fnd and the GreenHaven Coal Fund ETV .

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