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

First Trust New Constructs Core Earnings Leaders ETF (NYSEARCA:FTCE) saw a significant decline in short interest in April. As of April 30th, there was short interest totaling 19,535 shares, a decline of 42.3% from the April 15th total of 33,838 shares. Based on an average daily trading volume, of 9,098 shares, the short-interest ratio is currently 2.1 days. Currently, 0.7% of the shares of the stock are short sold.

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

NYSEARCA FTCE opened at $26.26 on Tuesday. First Trust New Constructs Core Earnings Leaders ETF has a 1-year low of $20.39 and a 1-year high of $26.39. The company has a 50 day moving average of $24.75 and a 200-day moving average of $24.87. The company has a market cap of $73.53 million, a price-to-earnings ratio of 23.72 and a beta of 0.91.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in FTCE. Harbour Investments Inc. acquired a new stake in shares of First Trust New Constructs Core Earnings Leaders ETF in the fourth quarter valued at approximately $337,000. Luken Investment Analytics LLC raised its position in shares of First Trust New Constructs Core Earnings Leaders ETF by 34.9% in the fourth quarter. Luken Investment Analytics LLC now owns 25,170 shares of the company’s stock valued at $627,000 after buying an additional 6,510 shares in the last quarter. Accurate Wealth Management LLC raised its position in shares of First Trust New Constructs Core Earnings Leaders ETF by 109.5% in the fourth quarter. Accurate Wealth Management LLC now owns 25,645 shares of the company’s stock valued at $654,000 after buying an additional 13,403 shares in the last quarter. Finally, Thoroughbred Financial Services LLC acquired a new stake in shares of First Trust New Constructs Core Earnings Leaders ETF in the fourth quarter valued at approximately $767,000.

First Trust New Constructs Core Earnings Leaders ETF Company Profile

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.