Arax Advisory Partners Makes New $9.12 Million Investment in First Trust WCM International Equity ETF $WCMI

Arax Advisory Partners acquired a new position in shares of First Trust WCM International Equity ETF (NYSEARCA:WCMIFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 535,845 shares of the company’s stock, valued at approximately $9,115,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. LPL Financial LLC increased its position in First Trust WCM International Equity ETF by 19.1% in the 4th quarter. LPL Financial LLC now owns 3,643,204 shares of the company’s stock valued at $61,971,000 after acquiring an additional 584,070 shares during the period. Bank of New York Mellon Corp purchased a new stake in First Trust WCM International Equity ETF during the 4th quarter valued at approximately $41,712,000. Fiduciary Trust Co purchased a new stake in First Trust WCM International Equity ETF during the 3rd quarter valued at approximately $37,015,000. NewEdge Advisors LLC raised its stake in First Trust WCM International Equity ETF by 1,533.3% during the 3rd quarter. NewEdge Advisors LLC now owns 2,145,150 shares of the company’s stock valued at $36,189,000 after acquiring an additional 2,013,812 shares during the last quarter. Finally, Raymond James Financial Inc. raised its stake in First Trust WCM International Equity ETF by 19.1% during the 3rd quarter. Raymond James Financial Inc. now owns 1,778,610 shares of the company’s stock valued at $30,005,000 after acquiring an additional 285,054 shares during the last quarter.

First Trust WCM International Equity ETF Stock Up 0.5%

WCMI opened at $19.38 on Friday. The business has a 50 day moving average price of $18.57 and a two-hundred day moving average price of $17.79. The company has a market cap of $1.38 billion, a PE ratio of 24.74 and a beta of 0.69. First Trust WCM International Equity ETF has a 52 week low of $15.17 and a 52 week high of $19.63.

First Trust WCM International Equity ETF Company Profile

(Free Report)

The First Trust WCM International Equity ETF (WCMI) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of international equity securities of industry leading companies with positive fundamentals. The fund will hold stock or depositary receipts to obtain exposure and pursue long-term growth. WCMI was launched on Mar 31, 2020 and is issued by First Trust.

Further Reading

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Institutional Ownership by Quarter for First Trust WCM International Equity ETF (NYSEARCA:WCMI)

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