First Trust New Constructs Core Earnings Leaders ETF $FTCE Shares Sold by Horizon Advisory Services Inc.

Horizon Advisory Services Inc. cut its position in First Trust New Constructs Core Earnings Leaders ETF (NYSEARCA:FTCE) by 1.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,787,178 shares of the company’s stock after selling 30,010 shares during the period. First Trust New Constructs Core Earnings Leaders ETF accounts for 21.6% of Horizon Advisory Services Inc.’s investment portfolio, making the stock its largest holding. Horizon Advisory Services Inc. owned approximately 63.83% of First Trust New Constructs Core Earnings Leaders ETF worth $42,249,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Harbour Investments Inc. acquired a new position in shares of First Trust New Constructs Core Earnings Leaders ETF during the fourth quarter worth $337,000. Luken Investment Analytics LLC raised its stake in 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 stake in 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 purchased a new stake in First Trust New Constructs Core Earnings Leaders ETF during the 4th quarter worth about $767,000.

First Trust New Constructs Core Earnings Leaders ETF Price Performance

Shares of NYSEARCA FTCE opened at $26.81 on Monday. The business has a 50-day moving average of $26.62 and a two-hundred day moving average of $25.43. The company has a market capitalization of $75.07 million, a price-to-earnings ratio of 23.72 and a beta of 0.99. First Trust New Constructs Core Earnings Leaders ETF has a 1 year low of $21.84 and a 1 year high of $28.55.

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.