Ferguson Shapiro LLC increased its holdings in shares of First Trust Expanded Technology ETF (NYSEARCA:XPND – Free Report) by 12.0% in the first quarter, according to its most recent filing with the SEC. The fund owned 530,624 shares of the company’s stock after acquiring an additional 56,962 shares during the period. First Trust Expanded Technology ETF comprises 5.3% of Ferguson Shapiro LLC’s portfolio, making the stock its 7th biggest position. Ferguson Shapiro LLC owned about 53.06% of First Trust Expanded Technology ETF worth $17,418,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of XPND. IFP Advisors Inc purchased a new stake in First Trust Expanded Technology ETF in the third quarter worth $38,000. Advisory Services Network LLC bought a new position in shares of First Trust Expanded Technology ETF in the third quarter worth about $45,000. Raymond James Financial Inc. bought a new position in shares of First Trust Expanded Technology ETF in the second quarter worth about $71,000. International Assets Investment Management LLC purchased a new position in First Trust Expanded Technology ETF in the 4th quarter worth about $103,000. Finally, Kestra Advisory Services LLC purchased a new position in First Trust Expanded Technology ETF in the 4th quarter worth about $147,000.
First Trust Expanded Technology ETF Price Performance
Shares of XPND opened at $41.84 on Wednesday. The firm has a market capitalization of $41.84 million, a price-to-earnings ratio of 32.72 and a beta of 1.26. First Trust Expanded Technology ETF has a 1-year low of $31.65 and a 1-year high of $42.34. The company has a 50-day moving average of $39.37 and a 200 day moving average of $36.50.
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.
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