First Trust WCM Developing World Equity ETF $WCME Shares Acquired by Maridea Wealth Management LLC

Maridea Wealth Management LLC lifted its stake in shares of First Trust WCM Developing World Equity ETF (NYSEARCA:WCME) by 95.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 70,734 shares of the company’s stock after purchasing an additional 34,488 shares during the period. Maridea Wealth Management LLC owned about 4.09% of First Trust WCM Developing World Equity ETF worth $1,188,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Topsail Wealth Management LLC lifted its stake in First Trust WCM Developing World Equity ETF by 2,366.7% in the 1st quarter. Topsail Wealth Management LLC now owns 3,700 shares of the company’s stock valued at $62,000 after buying an additional 3,550 shares in the last quarter. Cetera Investment Advisers increased its stake in First Trust WCM Developing World Equity ETF by 27.1% during the 4th quarter. Cetera Investment Advisers now owns 66,905 shares of the company’s stock worth $1,152,000 after buying an additional 14,267 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in shares of First Trust WCM Developing World Equity ETF during the fourth quarter valued at approximately $1,711,000. Wagner Wealth Management Corp acquired a new position in shares of First Trust WCM Developing World Equity ETF during the fourth quarter valued at approximately $446,000. Finally, Blackhawk Capital Partners LLC lifted its position in shares of First Trust WCM Developing World Equity ETF by 12.8% in the fourth quarter. Blackhawk Capital Partners LLC now owns 20,917 shares of the company’s stock valued at $360,000 after acquiring an additional 2,381 shares in the last quarter.

First Trust WCM Developing World Equity ETF Price Performance

Shares of NYSEARCA:WCME opened at $19.26 on Friday. The business’s 50 day moving average price is $19.21 and its 200-day moving average price is $18.27. The firm has a market capitalization of $33.32 million, a PE ratio of 19.05 and a beta of 0.90. First Trust WCM Developing World Equity ETF has a 1 year low of $15.44 and a 1 year high of $20.29.

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.