First Trust Expanded Technology ETF (NYSEARCA:XPND) Trading Down 0.1% – Here’s Why

First Trust Expanded Technology ETF (NYSEARCA:XPND)’s share price traded down 0.1% on Monday . The stock traded as low as $30.43 and last traded at $30.44. 4,283 shares were traded during trading, an increase of 5% from the average session volume of 4,082 shares. The stock had previously closed at $30.47.

First Trust Expanded Technology ETF Stock Performance

The company has a 50-day simple moving average of $29.39 and a two-hundred day simple moving average of $28.09. The firm has a market capitalization of $21.31 million, a P/E ratio of 36.48 and a beta of 1.38.

Institutional Trading of First Trust Expanded Technology ETF

Several large investors have recently bought and sold shares of XPND. Boyce & Associates Wealth Consulting Inc. boosted its position 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. bought a new stake in First Trust Expanded Technology ETF during the 3rd quarter valued at approximately $534,000. Finally, HighTower Advisors LLC bought a new stake in First Trust Expanded Technology ETF during the 3rd quarter valued at approximately $711,000.

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.