Parallel Advisors LLC Purchases 738,466 Shares of First Trust WCM International Equity ETF $WCMI

Parallel Advisors LLC lifted its position in shares of First Trust WCM International Equity ETF (NYSEARCA:WCMI) by 12,042.8% during the 1st quarter, Holdings Channel reports. The firm owned 744,598 shares of the company’s stock after purchasing an additional 738,466 shares during the quarter. Parallel Advisors LLC’s holdings in First Trust WCM International Equity ETF were worth $12,487,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of WCMI. Boyer Financial Services Inc. acquired a new stake in shares of First Trust WCM International Equity ETF in the fourth quarter valued at approximately $1,181,000. Koshinski Asset Management Inc. bought a new position in shares of First Trust WCM International Equity ETF during the 4th quarter worth approximately $26,695,000. Ferguson Shapiro LLC bought a new position in shares of First Trust WCM International Equity ETF during the 4th quarter worth approximately $12,794,000. Lincoln Capital Corp acquired a new position in shares of First Trust WCM International Equity ETF during the 1st quarter worth approximately $3,357,000. Finally, HighTower Advisors LLC increased its holdings in shares of First Trust WCM International Equity ETF by 21.4% during the 4th quarter. HighTower Advisors LLC now owns 626,719 shares of the company’s stock worth $10,660,000 after acquiring an additional 110,643 shares during the last quarter.

First Trust WCM International Equity ETF Trading Up 2.1%

WCMI opened at $19.72 on Wednesday. The stock’s fifty day simple moving average is $19.27 and its 200 day simple moving average is $18.40. First Trust WCM International Equity ETF has a 1-year low of $15.39 and a 1-year high of $19.97. The stock has a market cap of $1.80 billion, a PE ratio of 24.74 and a beta of 0.69.

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.