Commonwealth Financial Services LLC Purchases New Holdings in First Trust WCM International Equity ETF $WCMI

Commonwealth Financial Services LLC acquired a new position in shares of First Trust WCM International Equity ETF (NYSEARCA:WCMI) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 743,637 shares of the company’s stock, valued at approximately $14,189,000. First Trust WCM International Equity ETF comprises about 2.5% of Commonwealth Financial Services LLC’s holdings, making the stock its 12th largest position. Commonwealth Financial Services LLC owned approximately 0.67% of First Trust WCM International Equity ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its holdings in shares of First Trust WCM International Equity ETF by 11.6% during the 1st quarter. Bank of New York Mellon Corp now owns 2,737,739 shares of the company’s stock worth $45,912,000 after purchasing an additional 285,539 shares during the period. NewEdge Advisors LLC lifted its position in shares of First Trust WCM International Equity ETF by 4.9% during the second quarter. NewEdge Advisors LLC now owns 2,712,219 shares of the company’s stock worth $53,078,000 after purchasing an additional 126,030 shares in the last quarter. Royal Bank of Canada grew its holdings in First Trust WCM International Equity ETF by 111.1% during the 1st quarter. Royal Bank of Canada now owns 2,445,053 shares of the company’s stock valued at $41,004,000 after purchasing an additional 1,286,689 shares in the last quarter. Koshinski Asset Management Inc. grew its stake in shares of First Trust WCM International Equity ETF by 20.3% during the first quarter. Koshinski Asset Management Inc. now owns 1,888,575 shares of the company’s stock valued at $31,671,000 after acquiring an additional 319,233 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in First Trust WCM International Equity ETF by 17.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,564,802 shares of the company’s stock worth $30,623,000 after purchasing an additional 230,227 shares during the last quarter.

First Trust WCM International Equity ETF Stock Performance

Shares of First Trust WCM International Equity ETF stock traded up $0.09 during trading on Tuesday, reaching $18.55. The company had a trading volume of 527,694 shares, compared to its average volume of 762,901. The company has a market cap of $2.05 billion, a price-to-earnings ratio of 24.74 and a beta of 0.72. First Trust WCM International Equity ETF has a fifty-two week low of $15.70 and a fifty-two week high of $20.24. The firm’s fifty day moving average is $19.44 and its 200-day moving average is $19.09.

About First Trust WCM International Equity ETF

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.