First Trust Expanded Technology ETF (NYSEARCA:XPND) Shares Down 0.8% – Should You Sell?

First Trust Expanded Technology ETF (NYSEARCA:XPND) traded down 0.8% during trading on Wednesday . The stock traded as low as $38.51 and last traded at $38.53. Approximately 823 shares were traded during mid-day trading, a decline of 90% from the average session volume of 8,469 shares. The stock had previously closed at $38.86.

First Trust Expanded Technology ETF Price Performance

The stock’s fifty day moving average price is $40.00 and its 200-day moving average price is $36.87. The firm has a market cap of $38.53 million, a PE ratio of 32.72 and a beta of 1.26.

Institutional Trading of First Trust Expanded Technology ETF

Several large investors have recently bought and sold shares of the business. IFP Advisors Inc acquired a new stake in First Trust Expanded Technology ETF in the 3rd quarter valued at about $38,000. Advisory Services Network LLC purchased a new position in First Trust Expanded Technology ETF in the 3rd quarter worth approximately $45,000. Raymond James Financial Inc. acquired a new position in shares of First Trust Expanded Technology ETF during the 2nd quarter worth approximately $71,000. International Assets Investment Management LLC acquired a new position in shares of First Trust Expanded Technology ETF during the 4th quarter worth approximately $103,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of First Trust Expanded Technology ETF during the 4th quarter worth approximately $147,000.

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.