Cambridge Advisors Inc. Buys New Stake in First Trust WCM International Equity ETF $WCMI

Cambridge Advisors Inc. purchased a new position in shares of First Trust WCM International Equity ETF (NYSEARCA:WCMI) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 63,225 shares of the company’s stock, valued at approximately $1,067,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Private Trust Co. NA grew its stake in shares of First Trust WCM International Equity ETF by 360.8% in the third quarter. Private Trust Co. NA now owns 1,811 shares of the company’s stock valued at $31,000 after buying an additional 1,418 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in First Trust WCM International Equity ETF by 180.5% during the 2nd quarter. Farther Finance Advisors LLC now owns 6,291 shares of the company’s stock valued at $100,000 after acquiring an additional 4,048 shares during the period. WESPAC Advisors LLC acquired a new position in First Trust WCM International Equity ETF in the 2nd quarter valued at about $159,000. Inspirion Wealth Advisors LLC purchased a new stake in First Trust WCM International Equity ETF during the second quarter worth about $160,000. Finally, Optivise Advisory Services LLC acquired a new stake in shares of First Trust WCM International Equity ETF during the second quarter worth about $182,000.

First Trust WCM International Equity ETF Stock Performance

Shares of WCMI stock opened at $17.11 on Thursday. First Trust WCM International Equity ETF has a fifty-two week low of $12.60 and a fifty-two week high of $17.29. The company has a 50 day moving average price of $16.61 and a 200 day moving average price of $16.19. The stock has a market capitalization of $651.04 million, a P/E ratio of 24.74 and a beta of 1.41.

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.