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

Sowell Financial Services LLC acquired a new stake in First Trust WCM Developing World Equity ETF (NYSEARCA:WCME) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 154,526 shares of the company’s stock, valued at approximately $2,947,000. Sowell Financial Services LLC owned about 0.07% of First Trust WCM Developing World Equity ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in WCME. Topsail Wealth Management LLC raised its position in shares of First Trust WCM Developing World Equity ETF by 2,366.7% during the 1st quarter. Topsail Wealth Management LLC now owns 3,700 shares of the company’s stock worth $62,000 after acquiring an additional 3,550 shares in the last quarter. HBW Advisory Services LLC purchased a new stake in First Trust WCM Developing World Equity ETF during the first quarter worth approximately $375,000. Blackhawk Capital Partners LLC boosted its holdings in First Trust WCM Developing World Equity ETF by 7.2% in the first quarter. Blackhawk Capital Partners LLC now owns 22,420 shares of the company’s stock valued at $376,000 after purchasing an additional 1,503 shares in the last quarter. NewEdge Advisors LLC acquired a new position in First Trust WCM Developing World Equity ETF in the first quarter valued at approximately $482,000. Finally, Maridea Wealth Management LLC boosted its holdings in First Trust WCM Developing World Equity ETF by 95.1% in the first quarter. Maridea Wealth Management LLC now owns 70,734 shares of the company’s stock valued at $1,188,000 after purchasing an additional 34,488 shares in the last quarter.

First Trust WCM Developing World Equity ETF Stock Up 0.2%

Shares of First Trust WCM Developing World Equity ETF stock opened at $18.28 on Thursday. The firm has a market capitalization of $38.02 million, a P/E ratio of 19.05 and a beta of 0.93. First Trust WCM Developing World Equity ETF has a 52 week low of $16.17 and a 52 week high of $20.29. The firm’s 50 day moving average is $19.06 and its two-hundred day moving average is $18.97.

First Trust WCM Developing World Equity ETF 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.