First Trust Expanded Technology ETF (NYSEARCA:XPND) Stock Price Up 0% – Here’s What Happened

by · The Markets Daily

Shares of First Trust Expanded Technology ETF (NYSEARCA:XPND – Get Free Report) were up 0% during mid-day trading on Thursday . The company traded as high as $30.62 and last traded at $30.59. Approximately 58,628 shares were traded during mid-day trading, an increase of 36% from the average daily volume of 43,266 shares. The stock had previously closed at $30.58.

First Trust Expanded Technology ETF Price Performance

The firm has a market capitalization of $20.95 million, a price-to-earnings ratio of 36.48 and a beta of 1.38. The business has a fifty day moving average price of $30.67 and a two-hundred day moving average price of $28.97.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Boyce & Associates Wealth Consulting Inc. boosted its stake in shares of First Trust Expanded Technology ETF by 14.2% in the third quarter. Boyce & Associates Wealth Consulting Inc. now owns 10,468 shares of the company’s stock worth $301,000 after acquiring an additional 1,303 shares during the last quarter. Atomi Financial Group Inc. purchased a new stake in First Trust Expanded Technology ETF in the 3rd quarter valued at $534,000. Finally, HighTower Advisors LLC acquired a new stake in shares of First Trust Expanded Technology ETF in the 3rd quarter worth $711,000.

First Trust Expanded Technology ETF Company Profile

(Get Free Report)

The First Trust Expanded Technology ETF (XPND) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively invests in US stocks whose businesses are derived from or dependent on technology. XPND was launched on Jun 14, 2021 and is managed by First Trust.

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