First Trust Expanded Technology ETF (NYSEARCA:XPND) Shares Up 0% – Here’s Why

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

First Trust Expanded Technology ETF Stock Down 2.2 %

The company has a 50 day moving average of $30.67 and a 200 day moving average of $28.97. The firm has a market cap of $20.95 million, a price-to-earnings ratio of 36.48 and a beta of 1.38.

Institutional Investors Weigh In On First Trust Expanded Technology ETF

Several institutional investors and hedge funds have recently bought and sold shares of XPND. Boyce & Associates Wealth Consulting Inc. raised its stake in First Trust Expanded Technology ETF by 14.2% during the 3rd quarter. Boyce & Associates Wealth Consulting Inc. now owns 10,468 shares of the company’s stock valued at $301,000 after acquiring an additional 1,303 shares in the last quarter. Atomi Financial Group Inc. acquired a new position in First Trust Expanded Technology ETF during the 3rd quarter valued at about $534,000. Finally, HighTower Advisors LLC bought a new stake in shares of First Trust Expanded Technology ETF during the 3rd quarter worth about $711,000.

About First Trust Expanded Technology ETF

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.