Breakfast Technical Briefing on Asset Management Stocks -- Altaba, Prospect Capital, SEI Investments, and WisdomTree Investments
NEW YORK, October 30, 2017 /PRNewswire/ --
If you want a Stock Review on AABA, PSEC, SEIC, or WETF then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. The Asset Management industry is an integral component of the global Financial Services sector, responsible for professionally managing assets owned by a broad range of institutional and individual investors. Today, DailyStockTracker.com monitors Altaba Inc. (NASDAQ: AABA), Prospect Capital Corp. (NASDAQ: PSEC), SEI Investments Co. (NASDAQ: SEIC), and WisdomTree Investments Inc. (NASDAQ: WETF). Daily Stock Tracker published free research reports on these stocks today at: http://dailystocktracker.com/register/
Altaba
New York-based Altaba Inc.'s stock rose 2.97%, finishing last Friday's trading session at $67.52. A total volume of 7.60 million shares was traded, which was above their three months average volume of 6.16 million shares. The Company's shares have gained 2.96% in the last month, 15.62% over the previous three months, and 74.61% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 2.39% and 25.17%, respectively. Additionally, shares of Altaba, which operates as a non-diversified, closed-end management investment company in the US, have a Relative Strength Index (RSI) of 54.55. See our free and comprehensive research report on AABA at: http://dailystocktracker.com/registration/?symbol=AABA
Prospect Capital
Shares in Prospect Capital Corp. ended at $6.05, down 0.17% from the last trading session. The stock recorded a trading volume of 2.98 million shares. The Company's shares are trading 9.61% below their 50-day moving average. Moreover, shares of Prospect Capital, which specializes in middle market, mature, mezzanine finance, later stage, emerging growth, buyouts, recapitalizations, turnaround, growth capital, development, subordinated debt tranches of collateralized loan obligations, cash flow term loans, and bridge transactions, have an RSI of 24.79.
On October 02nd, 2017, Prospect Capital announced that it has purchased $32 million of first lien senior secured floating rate notes issued by AgaMatrix, Inc. Headquartered in Salem, New Hampshire, AgaMatrix is a leading developer, manufacturer, and marketer of innovative diabetes care solutions for blood glucose monitoring and data management on mobile and cloud platforms. PSEC free research report is just a click away at: http://dailystocktracker.com/registration/?symbol=PSEC
SEI Investments
On Friday, shares in Oaks, Pennsylvania-based SEI Investments Co. recorded a trading volume of 427,722 shares. The stock declined 0.65%, closing the day at $64.45. The Company's shares have gained 4.78% in the last one month, 14.05% over the previous three months, and 30.57% on an YTD basis. The stock is trading 7.65% above its 50-day moving average and 19.39% above its 200-day moving average. Additionally, shares of SEI Investments, which through its subsidiaries, the firm provides wealth management, retirement and investment solutions, asset management, asset administration, investment processing outsourcing solutions, financial services, and investment advisory services to its clients, have an RSI of 63.78.
On October 05th, 2017, SEI Investments announced the appointment of David Hintz, CFA, as US Equity Portfolio Manager, supporting the Company's continued commitment to deepen its investment resources and expertise. In this role, Hintz will be responsible for the management of all US large-cap equity strategies and report to Jason Collins, Global Head of Equity Portfolio Management, in the Investment Management Unit at the Company. Sign up for your complimentary report on SEIC at: http://dailystocktracker.com/registration/?symbol=SEIC
WisdomTree Investments
At the close of trading on Friday, shares in New York-based WisdomTree Investments Inc. recorded a trading volume of 2.38 million shares, which was higher than their three months average volume of 1.33 million shares. The stock finished the session 2.48% higher at $11.56. The Company's shares have gained 16.65% in the past month, 10.73% in the previous three months, and 3.77% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 17.72% and 20.64%, respectively. Furthermore, shares of WisdomTree Investments, which through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager, have an RSI of 72.10.
On October 20th, 2017, WisdomTree Investments announced the development of the WisdomTree IQCIO Risk-Managed Model Portfolios in collaboration with IQCIO, a quantitative digital advisory solution developer tailored to meet an advisor's unique objectives for risk, return, and diversification. The WisdomTree IQCIO Risk-Managed Model Portfolios incorporate market volatility into an innovative asset allocation process that seeks to mitigate losses and maximize risk-adjusted returns. Register for free on DailyStockTracker.com and download the latest research report on WETF at: http://dailystocktracker.com/registration/?symbol=WETF
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