NewEdge Wealth LLC Trims Stock Holdings in First Trust WCM International Equity ETF $WCMI

NewEdge Wealth LLC cut its stake in shares of First Trust WCM International Equity ETF (NYSEARCA:WCMI) by 4.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 920,327 shares of the company’s stock after selling 41,173 shares during the quarter. NewEdge Wealth LLC owned approximately 1.29% of First Trust WCM International Equity ETF worth $15,434,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WCMI. Bank of New York Mellon Corp purchased a new position in First Trust WCM International Equity ETF during the fourth quarter valued at approximately $41,712,000. Fiduciary Trust Co purchased a new stake in shares of First Trust WCM International Equity ETF in the third quarter worth $37,015,000. NewEdge Advisors LLC increased its stake in shares of First Trust WCM International Equity ETF by 1,533.3% in the third quarter. NewEdge Advisors LLC now owns 2,145,150 shares of the company’s stock worth $36,189,000 after purchasing an additional 2,013,812 shares in the last quarter. Koshinski Asset Management Inc. bought a new stake in shares of First Trust WCM International Equity ETF during the 4th quarter valued at $26,695,000. Finally, Raymond James Financial Inc. lifted its stake in shares of First Trust WCM International Equity ETF by 784.6% during the 2nd quarter. Raymond James Financial Inc. now owns 1,493,556 shares of the company’s stock valued at $23,762,000 after buying an additional 1,324,707 shares in the last quarter.

First Trust WCM International Equity ETF Stock Performance

Shares of First Trust WCM International Equity ETF stock opened at $19.20 on Thursday. The company has a market capitalization of $1.66 billion, a P/E ratio of 24.74 and a beta of 0.67. The company has a fifty day moving average of $19.22 and a 200 day moving average of $18.32. First Trust WCM International Equity ETF has a fifty-two week low of $15.28 and a fifty-two week high of $19.97.

First Trust WCM International Equity ETF Profile

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.