WisdomTree Investments has announced in a press release the launch of its newest ETF, the WisdomTree Battery Value Chain and Innovation Fund (WBAT), which began trading today on the CBOE. The fund offers a targeted approach to investing in companies that are developing battery technologies as well as those that are working to find energy storage solutions in a world transitioning to renewable energy use.“As the world shifts towards renewable energy, due to environmental and technological drivers, we expect a growing demand for electric vehicles and the batteries central to their development,” said Jeremy Schwartz, global chief investment officer at WisdomTree, in the press release. “The WisdomTree Battery Value Chain and Innovation Fund (WBAT) was built for investors looking to gain exposure to battery technologies and the megatrend of energy transformation.”WBAT seeks to…
WisdomTree Launches ETF Focused on Battery Technology and Energy Storage
