Integrated Wealth Concepts LLC lessened its holdings in First Trust Expanded Technology ETF (NYSEARCA:XPND – Free Report) by 11.2% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 163,627 shares of the company’s stock after selling 20,550 shares during the period. Integrated Wealth Concepts LLC owned approximately 0.16% of First Trust Expanded Technology ETF worth $6,847,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in XPND. IFP Advisors Inc bought a new stake in First Trust Expanded Technology ETF in the third quarter worth about $38,000. Advisory Services Network LLC bought a new position in shares of First Trust Expanded Technology ETF during the 3rd quarter valued at approximately $45,000. Raymond James Financial Inc. purchased a new stake in shares of First Trust Expanded Technology ETF during the 2nd quarter worth approximately $71,000. International Assets Investment Management LLC purchased a new stake in shares of First Trust Expanded Technology ETF during the 4th quarter worth approximately $103,000. Finally, Kestra Advisory Services LLC purchased a new stake in shares of First Trust Expanded Technology ETF during the 4th quarter worth approximately $147,000.
First Trust Expanded Technology ETF Trading Up 1.8%
First Trust Expanded Technology ETF stock opened at $38.89 on Friday. First Trust Expanded Technology ETF has a 12 month low of $31.65 and a 12 month high of $42.34. The business’s 50 day simple moving average is $39.07 and its 200 day simple moving average is $37.81. The company has a market cap of $38.89 million, a price-to-earnings ratio of 32.72 and a beta of 1.27.
First Trust Expanded Technology ETF Company Profile
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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