Thoroughbred Financial Services LLC Purchases Shares of 30,816 First Trust New Constructs Core Earnings Leaders ETF $FTCE

Thoroughbred Financial Services LLC purchased a new stake in First Trust New Constructs Core Earnings Leaders ETF (NYSEARCA:FTCE) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 30,816 shares of the company’s stock, valued at approximately $767,000.

Other institutional investors also recently modified their holdings of the company. Harbour Investments Inc. bought a new position in shares of First Trust New Constructs Core Earnings Leaders ETF in the fourth quarter valued at $337,000. Luken Investment Analytics LLC raised its stake in First Trust New Constructs Core Earnings Leaders ETF by 34.9% during the 4th quarter. Luken Investment Analytics LLC now owns 25,170 shares of the company’s stock valued at $627,000 after purchasing an additional 6,510 shares during the period. Finally, Accurate Wealth Management LLC raised its stake in First Trust New Constructs Core Earnings Leaders ETF by 109.5% during the 4th quarter. Accurate Wealth Management LLC now owns 25,645 shares of the company’s stock valued at $654,000 after purchasing an additional 13,403 shares during the period.

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

Shares of NYSEARCA:FTCE opened at $28.35 on Friday. The company’s fifty day moving average is $25.27 and its two-hundred day moving average is $25.03. First Trust New Constructs Core Earnings Leaders ETF has a 12-month low of $20.68 and a 12-month high of $28.35. The company has a market cap of $79.38 million, a P/E 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.