Integrated Wealth Concepts LLC Purchases New Stake in First Trust WCM International Equity ETF $WCMI

Integrated Wealth Concepts LLC purchased a new stake in shares of First Trust WCM International Equity ETF (NYSEARCA:WCMI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 478,665 shares of the company’s stock, valued at approximately $9,367,000.

A number of other large investors have also added to or reduced their stakes in WCMI. Archer Investment Corp purchased a new position in shares of First Trust WCM International Equity ETF in the first quarter valued at about $25,000. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of First Trust WCM International Equity ETF during the third quarter worth about $35,000. Cullen Frost Bankers Inc. bought a new stake in shares of First Trust WCM International Equity ETF in the fourth quarter worth about $49,000. Topsail Wealth Management LLC grew its stake in shares of First Trust WCM International Equity ETF by 2,300.0% in the first quarter. Topsail Wealth Management LLC now owns 3,600 shares of the company’s stock worth $60,000 after purchasing an additional 3,450 shares during the last quarter. Finally, Parallel Advisors LLC purchased a new position in First Trust WCM International Equity ETF during the 4th quarter valued at about $104,000.

First Trust WCM International Equity ETF Price Performance

WCMI opened at $19.49 on Friday. The business has a 50 day simple moving average of $19.51 and a two-hundred day simple moving average of $18.73. The firm has a market capitalization of $1.78 billion, a price-to-earnings ratio of 24.74 and a beta of 0.69. First Trust WCM International Equity ETF has a one year low of $15.70 and a one year high of $20.24.

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.