First Trust WCM Developing World Equity ETF $WCME Stock Acquired by Veracity Capital LLC

Veracity Capital LLC lifted its stake in First Trust WCM Developing World Equity ETF (NYSEARCA:WCME) by 5.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 573,361 shares of the company’s stock after purchasing an additional 28,805 shares during the period. First Trust WCM Developing World Equity ETF makes up about 3.0% of Veracity Capital LLC’s investment portfolio, making the stock its 6th biggest position. Veracity Capital LLC owned about 0.29% of First Trust WCM Developing World Equity ETF worth $10,933,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in WCME. Envestnet Asset Management Inc. boosted its stake in First Trust WCM Developing World Equity ETF by 1,160.6% during the second quarter. Envestnet Asset Management Inc. now owns 525,137 shares of the company’s stock worth $10,304,000 after buying an additional 483,479 shares during the last quarter. Maridea Wealth Management LLC boosted its position in shares of First Trust WCM Developing World Equity ETF by 95.1% during the 1st quarter. Maridea Wealth Management LLC now owns 70,734 shares of the company’s stock valued at $1,188,000 after acquiring an additional 34,488 shares during the last quarter. NewEdge Advisors LLC purchased a new stake in shares of First Trust WCM Developing World Equity ETF in the first quarter valued at about $482,000. HBW Advisory Services LLC purchased a new stake in shares of First Trust WCM Developing World Equity ETF in the first quarter valued at about $375,000. Finally, Kestra Advisory Services LLC increased its position in First Trust WCM Developing World Equity ETF by 22.0% during the first quarter. Kestra Advisory Services LLC now owns 121,181 shares of the company’s stock worth $2,035,000 after purchasing an additional 21,825 shares during the last quarter.

First Trust WCM Developing World Equity ETF Trading Down 1.7%

WCME stock traded down $0.33 during trading on Thursday, reaching $19.15. 5,574 shares of the stock were exchanged, compared to its average volume of 15,656. The firm has a market capitalization of $37.92 million, a price-to-earnings ratio of 19.05 and a beta of 0.93. The business has a 50 day moving average price of $19.07 and a 200-day moving average price of $18.84. First Trust WCM Developing World Equity ETF has a 1 year low of $16.17 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.