First Trust New Constructs Core Earnings Leaders ETF (NYSEARCA:FTCE – Get Free Report) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 17,578 shares, an increase of 210.0% from the September 30th total of 5,670 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily volume of 4,551 shares, the days-to-cover ratio is currently 3.9 days.
First Trust New Constructs Core Earnings Leaders ETF Stock Down 2.2%
First Trust New Constructs Core Earnings Leaders ETF stock opened at $27.48 on Friday. First Trust New Constructs Core Earnings Leaders ETF has a 52-week low of $23.03 and a 52-week high of $28.55. The firm’s fifty day moving average is $27.46 and its 200 day moving average is $26.34. The company has a market cap of $83.81 million, a price-to-earnings ratio of 23.72 and a beta of 1.04.
Institutional Trading of First Trust New Constructs Core Earnings Leaders ETF
An institutional investor recently raised its stake in First Trust New Constructs Core Earnings Leaders ETF stock. Luken Investment Analytics LLC lifted its holdings in First Trust New Constructs Core Earnings Leaders ETF (NYSEARCA:FTCE – Free Report) by 30.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 286,680 shares of the company’s stock after acquiring an additional 66,551 shares during the period. First Trust New Constructs Core Earnings Leaders ETF accounts for approximately 2.7% of Luken Investment Analytics LLC’s holdings, making the stock its 16th biggest holding. Luken Investment Analytics LLC owned 9.25% of First Trust New Constructs Core Earnings Leaders ETF worth $7,763,000 as of its most recent SEC filing.
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.
Recommended Stories
- Five stocks we like better than First Trust New Constructs Core Earnings Leaders ETF
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Receive News & Ratings for First Trust New Constructs Core Earnings Leaders ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust New Constructs Core Earnings Leaders ETF and related companies with MarketBeat.com's FREE daily email newsletter.
