You should set DisablePagingExecutive to 1 and use the 64-bit version of WPT if you are using 64-bit Windows.
The 64-bit version of WPT is needed because the 32-bit version won't even install on 64-bit Windows.
Setting DisablePagingExecutive to 1 is needed because even a 32-bit program can make calls into the 64-bit kernel. In order to get full call stacks that include the kernel code you need to lock the metadata into non-pageable memory, which is what setting DisablePagingExecutive does.
Just set it. It doesn't cost much (it uses a bit more memory) and if you set it you don't need to worry about it.
And the simplest way to set it is to use a trace recording UI. wprui is one choice (it ships with the Windows Performance Toolkit) but I prefer UIforETW. Details at https://randomascii.wordpress.com/2015/09/24/etw-central/