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. Approximately 0.7% of the company’s stock are sold short. Based on an average trading volume of 9,098 shares, the short-interest ratio is currently 2.1 days.

First Trust New Constructs Core Earnings Leaders ETF Price Performance

Shares of NYSEARCA:FTCE traded up $0.09 during midday trading on Monday, hitting $26.26. 4,185 shares of the company’s stock were exchanged, compared to its average volume of 15,081. The stock has a 50 day moving average price of $24.75 and a 200-day moving average price of $24.87. The company has a market cap of $73.53 million, a PE ratio of 23.72 and a beta of 0.91. First Trust New Constructs Core Earnings Leaders ETF has a 12 month low of $20.39 and a 12 month high of $26.39.

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. Harbour Investments Inc. bought a new stake in shares of First Trust New Constructs Core Earnings Leaders ETF during the fourth quarter worth about $337,000. Luken Investment Analytics LLC increased its position in shares of First Trust New Constructs Core Earnings Leaders ETF by 34.9% during the fourth quarter. Luken Investment Analytics LLC now owns 25,170 shares of the company’s stock worth $627,000 after acquiring an additional 6,510 shares in the last quarter. Accurate Wealth Management LLC increased its position in shares of 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 acquiring an additional 13,403 shares in the last quarter. Finally, Thoroughbred Financial Services LLC bought a new stake in shares of First Trust New Constructs Core Earnings Leaders ETF during the fourth quarter worth about $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.