Arax Advisory Partners Buys New Stake in First Trust WCM International Equity ETF $WCMI

Arax Advisory Partners acquired a new position in shares of First Trust WCM International Equity ETF (NYSEARCA:WCMI) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 535,845 shares of the company’s stock, valued at approximately $9,115,000. Arax Advisory Partners owned about 1.04% of First Trust WCM International Equity ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Daymark Wealth Partners LLC grew its holdings in shares of First Trust WCM International Equity ETF by 33.9% during the fourth quarter. Daymark Wealth Partners LLC now owns 145,763 shares of the company’s stock worth $2,479,000 after purchasing an additional 36,941 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of First Trust WCM International Equity ETF by 114.9% during the third quarter. Envestnet Asset Management Inc. now owns 138,739 shares of the company’s stock worth $2,341,000 after purchasing an additional 74,176 shares during the last quarter. HighTower Advisors LLC grew its holdings in shares of First Trust WCM International Equity ETF by 44.6% during the third quarter. HighTower Advisors LLC now owns 516,076 shares of the company’s stock worth $8,706,000 after purchasing an additional 159,081 shares during the last quarter. Eastern Bank purchased a new position in shares of First Trust WCM International Equity ETF during the fourth quarter worth about $1,769,000. Finally, Boyer Financial Services Inc. purchased a new position in shares of First Trust WCM International Equity ETF during the fourth quarter worth about $1,181,000.

First Trust WCM International Equity ETF Stock Performance

Shares of WCMI stock opened at $19.38 on Friday. The stock’s 50-day moving average is $18.57 and its two-hundred day moving average is $17.79. The firm has a market cap of $1.38 billion, a price-to-earnings ratio of 24.74 and a beta of 0.69. First Trust WCM International Equity ETF has a 1 year low of $15.17 and a 1 year high of $19.63.

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.