28,700 Shares in First Trust WCM Developing World Equity ETF $WCME Acquired by NewEdge Advisors LLC

NewEdge Advisors LLC acquired a new stake in First Trust WCM Developing World Equity ETF (NYSEARCA:WCME) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 28,700 shares of the company’s stock, valued at approximately $482,000. NewEdge Advisors LLC owned about 1.66% of First Trust WCM Developing World Equity ETF as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cetera Investment Advisers acquired a new stake in First Trust WCM Developing World Equity ETF during the 2nd quarter worth $413,000. Jane Street Group LLC raised its position in shares of First Trust WCM Developing World Equity ETF by 31.1% in the second quarter. Jane Street Group LLC now owns 25,629 shares of the company’s stock valued at $404,000 after buying an additional 6,073 shares during the last quarter. Concurrent Investment Advisors LLC boosted its position in First Trust WCM Developing World Equity ETF by 15.2% during the fourth quarter. Concurrent Investment Advisors LLC now owns 86,065 shares of the company’s stock worth $1,482,000 after acquiring an additional 11,334 shares during the last quarter. Blackhawk Capital Partners LLC grew its stake in First Trust WCM Developing World Equity ETF by 12.8% during the 4th 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. Finally, Wagner Wealth Management Corp purchased a new stake in First Trust WCM Developing World Equity ETF during the 4th quarter valued at about $446,000.

First Trust WCM Developing World Equity ETF Price Performance

WCME opened at $19.29 on Friday. The firm has a market capitalization of $37.23 million, a price-to-earnings ratio of 19.05 and a beta of 0.94. The company’s 50 day simple moving average is $19.01 and its two-hundred day simple moving average is $18.59. First Trust WCM Developing World Equity ETF has a 1-year low of $16.01 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.