First Trust New Constructs Core Earnings Leaders ETF (NYSEARCA:FTCE) Short Interest Update

First Trust New Constructs Core Earnings Leaders ETF (NYSEARCA:FTCE) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 15,242 shares, a drop of 14.2% from the December 31st total of 17,767 shares. Approximately 0.7% of the shares of the company are short sold. Based on an average trading volume of 16,950 shares, the short-interest ratio is currently 0.9 days. Based on an average trading volume of 16,950 shares, the short-interest ratio is currently 0.9 days. Approximately 0.7% of the shares of the company are short sold.

Institutional Investors Weigh In On First Trust New Constructs Core Earnings Leaders ETF

Several hedge funds have recently made changes to their positions in FTCE. Accurate Wealth Management LLC grew its position in First Trust New Constructs Core Earnings Leaders ETF by 109.5% during the fourth quarter. Accurate Wealth Management LLC now owns 25,645 shares of the company’s stock worth $654,000 after buying an additional 13,403 shares in the last quarter. Horizon Advisory Services Inc. lifted its position in shares of First Trust New Constructs Core Earnings Leaders ETF by 0.6% in the 2nd quarter. Horizon Advisory Services Inc. now owns 1,946,146 shares of the company’s stock worth $43,089,000 after acquiring an additional 11,185 shares during the period. Finally, Luken Investment Analytics LLC grew its holdings in shares of First Trust New Constructs Core Earnings Leaders ETF by 34.9% during the 4th quarter. Luken Investment Analytics LLC now owns 25,170 shares of the company’s stock worth $627,000 after purchasing an additional 6,510 shares in the last quarter.

First Trust New Constructs Core Earnings Leaders ETF Trading Up 0.3%

Shares of FTCE stock opened at $25.06 on Thursday. The firm has a market capitalization of $58.89 million, a P/E ratio of 23.72 and a beta of 1.12. First Trust New Constructs Core Earnings Leaders ETF has a 1 year low of $17.26 and a 1 year high of $25.89. The firm’s fifty day simple moving average is $25.14 and its 200 day simple moving average is $24.19.

About First Trust New Constructs Core Earnings Leaders ETF

The First Trust New Constructs Core Earnings Leaders ETF (FTCE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of companies with high earnings quality, as selected and measured using the Earnings Capture metric. The fund holds 100 securities, representing the top companies within each Bloomberg sector classification. FTCE was launched on Oct 2, 2024 and is issued by First Trust.