Horizon Advisory Services Inc. Sells 30,010 Shares of First Trust New Constructs Core Earnings Leaders ETF $FTCE

Horizon Advisory Services Inc. lessened its stake in shares of First Trust New Constructs Core Earnings Leaders ETF (NYSEARCA:FTCE) by 1.7% in the 1st quarter, according to 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 quarter. First Trust New Constructs Core Earnings Leaders ETF comprises about 21.6% of Horizon Advisory Services Inc.’s holdings, making the stock its biggest holding. Horizon Advisory Services Inc. owned 0.64% of First Trust New Constructs Core Earnings Leaders ETF worth $42,249,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of FTCE. Harbour Investments Inc. purchased a new position in shares of First Trust New Constructs Core Earnings Leaders ETF in the 4th quarter valued at $337,000. Luken Investment Analytics LLC lifted its position 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 acquiring an additional 6,510 shares during the last quarter. Accurate Wealth Management LLC boosted 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 acquiring an additional 13,403 shares in the last quarter. Finally, Thoroughbred Financial Services LLC acquired a new position in First Trust New Constructs Core Earnings Leaders ETF in the fourth quarter valued at $767,000.

First Trust New Constructs Core Earnings Leaders ETF Stock Performance

Shares of FTCE stock opened at $26.81 on Monday. The stock’s 50-day moving average is $26.62 and its two-hundred day moving average is $25.43. The firm has a market cap 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.

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.