Thoroughbred Financial Services LLC Makes New $767,000 Investment in First Trust New Constructs Core Earnings Leaders ETF $FTCE

Thoroughbred Financial Services LLC purchased a new position in shares of First Trust New Constructs Core Earnings Leaders ETF (NYSEARCA:FTCE) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 30,816 shares of the company’s stock, valued at approximately $767,000. Thoroughbred Financial Services LLC owned approximately 1.31% of First Trust New Constructs Core Earnings Leaders ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of the stock. Accurate Wealth Management LLC boosted its holdings 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 purchasing an additional 13,403 shares during the last quarter. Luken Investment Analytics LLC boosted its holdings 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 purchasing an additional 6,510 shares during the last quarter. Finally, Harbour Investments Inc. acquired a new stake in shares of First Trust New Constructs Core Earnings Leaders ETF during the fourth quarter worth $337,000.

First Trust New Constructs Core Earnings Leaders ETF Stock Up 1.7%

FTCE stock opened at $28.35 on Friday. First Trust New Constructs Core Earnings Leaders ETF has a 52-week low of $20.68 and a 52-week high of $28.35. The stock’s fifty day simple moving average is $25.27 and its 200-day simple moving average is $25.03. The stock has a market capitalization of $79.38 million, a price-to-earnings ratio of 23.72 and a beta of 0.91.

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.