First Trust WCM Developing World Equity ETF $WCME Shares Purchased by Maridea Wealth Management LLC

Maridea Wealth Management LLC boosted its stake in First Trust WCM Developing World Equity ETF (NYSEARCA:WCME) by 95.1% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 70,734 shares of the company’s stock after purchasing an additional 34,488 shares during the period. Maridea Wealth Management LLC’s holdings in First Trust WCM Developing World Equity ETF were worth $1,188,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WCME. WESPAC Advisors SoCal LLC lifted its stake in First Trust WCM Developing World Equity ETF by 21.9% during the fourth quarter. WESPAC Advisors SoCal LLC now owns 101,194 shares of the company’s stock worth $1,743,000 after purchasing an additional 18,155 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of First Trust WCM Developing World Equity ETF in the fourth quarter valued at $1,711,000. Concurrent Investment Advisors LLC raised its holdings in shares of First Trust WCM Developing World Equity ETF by 15.2% in the 4th quarter. Concurrent Investment Advisors LLC now owns 86,065 shares of the company’s stock valued at $1,482,000 after buying an additional 11,334 shares during the period. Cetera Investment Advisers raised its holdings in shares of First Trust WCM Developing World Equity ETF by 27.1% in the 4th quarter. Cetera Investment Advisers now owns 66,905 shares of the company’s stock valued at $1,152,000 after buying an additional 14,267 shares during the period. Finally, Daymark Wealth Partners LLC acquired a new position in First Trust WCM Developing World Equity ETF during the 4th quarter worth about $1,002,000.

First Trust WCM Developing World Equity ETF Trading Down 0.8%

WCME opened at $19.26 on Friday. The stock’s 50-day moving average price is $19.21 and its 200 day moving average price is $18.27. First Trust WCM Developing World Equity ETF has a 12-month low of $15.44 and a 12-month high of $20.29. The firm has a market cap of $33.32 million, a price-to-earnings ratio of 19.05 and a beta of 0.90.

About First Trust WCM Developing World Equity ETF

The First Trust WCM Developing World Equity ETF (WCME) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to select equity securities of industry leading companies in emerging or frontier markets. Companies selected are considered to have positive fundamentals and may be of any market capitalization WCME was launched on Mar 31, 2020 and is issued by First Trust.