Luken Investment Analytics LLC Raises Stake in First Trust New Constructs Core Earnings Leaders ETF $FTCE

Luken Investment Analytics LLC lifted its stake in First Trust New Constructs Core Earnings Leaders ETF (NYSEARCA:FTCE) by 30.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 286,680 shares of the company’s stock after purchasing an additional 66,551 shares during the period. First Trust New Constructs Core Earnings Leaders ETF comprises about 2.7% of Luken Investment Analytics LLC’s investment portfolio, making the stock its 16th largest position. 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 filing with the Securities and Exchange Commission.

Separately, Harbour Investments Inc. purchased a new stake in First Trust New Constructs Core Earnings Leaders ETF in the 4th quarter valued at about $337,000.

First Trust New Constructs Core Earnings Leaders ETF Price Performance

Shares of FTCE stock opened at $27.50 on Wednesday. The company has a market capitalization of $85.25 million, a P/E ratio of 23.72 and a beta of 1.02. The company’s 50-day simple moving average is $27.39 and its two-hundred day simple moving average is $26.17. First Trust New Constructs Core Earnings Leaders ETF has a one year low of $22.66 and a one year high of $28.55.

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.