154,526 Shares in First Trust WCM Developing World Equity ETF $WCME Bought by Sowell Financial Services LLC

Sowell Financial Services LLC bought a new stake in First Trust WCM Developing World Equity ETF (NYSEARCA:WCME) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 154,526 shares of the company’s stock, valued at approximately $2,947,000. Sowell Financial Services LLC owned about 7.43% of First Trust WCM Developing World Equity ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. HBW Advisory Services LLC lifted its stake in First Trust WCM Developing World Equity ETF by 7.4% during the third quarter. HBW Advisory Services LLC now owns 32,843 shares of the company’s stock worth $626,000 after purchasing an additional 2,274 shares in the last quarter. Veracity Capital LLC grew its stake in shares of First Trust WCM Developing World Equity ETF by 5.3% in the third quarter. Veracity Capital LLC now owns 573,361 shares of the company’s stock valued at $10,933,000 after buying an additional 28,805 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of First Trust WCM Developing World Equity ETF by 1,160.6% in the second quarter. Envestnet Asset Management Inc. now owns 525,137 shares of the company’s stock valued at $10,304,000 after buying an additional 483,479 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of First Trust WCM Developing World Equity ETF by 2.1% in the second quarter. NewEdge Advisors LLC now owns 29,300 shares of the company’s stock valued at $575,000 after buying an additional 600 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of First Trust WCM Developing World Equity ETF by 19.3% in the first quarter. Cetera Investment Advisers now owns 79,831 shares of the company’s stock valued at $1,341,000 after buying an additional 12,926 shares in the last quarter.

First Trust WCM Developing World Equity ETF Trading Up 0.2%

WCME stock opened at $18.28 on Thursday. The company has a market capitalization of $38.02 million, a PE ratio of 19.05 and a beta of 0.93. First Trust WCM Developing World Equity ETF has a 12-month low of $16.17 and a 12-month high of $20.29. The business’s fifty day moving average price is $19.06 and its 200 day moving average price is $18.97.

First Trust WCM Developing World Equity ETF Company Profile

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.