First Trust Expanded Technology ETF (NYSEARCA:XPND) Short Interest Update

by · The Markets Daily

First Trust Expanded Technology ETF (NYSEARCA:XPND – Get Free Report) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 390 shares, a decline of 85.2% from the November 30th total of 2,628 shares. Based on an average daily volume of 3,771 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 3,771 shares, the short-interest ratio is presently 0.1 days.

First Trust Expanded Technology ETF Stock Up 0.3%

Shares of First Trust Expanded Technology ETF stock traded up $0.10 during trading on Wednesday, hitting $36.77. 21,510 shares of the stock traded hands, compared to its average volume of 8,325. The stock has a market cap of $36.77 million, a price-to-earnings ratio of 32.72 and a beta of 1.25. The firm’s fifty day moving average is $36.55 and its 200-day moving average is $35.11. First Trust Expanded Technology ETF has a 52 week low of $24.15 and a 52 week high of $38.47.

First Trust Expanded Technology ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be issued a $0.0127 dividend. The ex-dividend date is Friday, December 12th. This represents a $0.05 annualized dividend and a yield of 0.1%.

Institutional Investors Weigh In On First Trust Expanded Technology ETF

A number of large investors have recently modified their holdings of XPND. Integrated Wealth Concepts LLC lifted its stake in shares of First Trust Expanded Technology ETF by 9.5% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 154,647 shares of the company’s stock valued at $5,612,000 after purchasing an additional 13,381 shares during the period. Osaic Holdings Inc. grew its stake in First Trust Expanded Technology ETF by 1.5% in the second quarter. Osaic Holdings Inc. now owns 100,095 shares of the company’s stock worth $3,371,000 after purchasing an additional 1,463 shares during the period. HighTower Advisors LLC grew its stake in First Trust Expanded Technology ETF by 13.7% in the first quarter. HighTower Advisors LLC now owns 30,110 shares of the company’s stock worth $850,000 after purchasing an additional 3,636 shares during the period. Clear Creek Financial Management LLC raised its holdings in First Trust Expanded Technology ETF by 2.9% in the third quarter. Clear Creek Financial Management LLC now owns 14,125 shares of the company’s stock worth $513,000 after purchasing an additional 400 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in First Trust Expanded Technology ETF by 26.1% during the third quarter. Envestnet Asset Management Inc. now owns 11,969 shares of the company’s stock valued at $434,000 after buying an additional 2,478 shares during the period.

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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