The share price of First Trust Expanded Technology ETF (XPND) increased by 1.5% during trading on Thursday, reaching $17.91. Managed by First Trust, XPND invests in US stocks that derive their revenue from or are dependent on technology. The company’s 50-day moving average is $17.49 and its 200-day moving average is $16.62, with a market capitalization of $6.27 million, a PE ratio of 23.96, and a beta of 1.28. Hedge funds and institutional investors have recently purchased new positions in the company. Investors can receive a daily summary of the latest news and analysts’ ratings for First Trust Expanded Technology ETF and related companies by subscribing to MarketBeat.com’s free daily email newsletter.
The share price of First Trust Expanded Technology ETF (NYSEARCA:XPND) increased by 1.5% during trading on Thursday, with the stock trading as high as $17.91 and last trading at $17.91. The company’s 50-day moving average is $17.49 and its 200-day moving average is $16.62. With a market capitalization of $6.27 million, the stock has a PE ratio of 23.96 and a beta of 1.28.
First Trust Expanded Technology ETF is an exchange-traded fund that primarily invests in US stocks based on a specific theme. The fund invests in businesses that derive their revenue or are dependent on technology. Managed by First Trust, XPND was launched on June 14, 2021.
Several hedge funds and institutional investors recently bought and sold shares of the company. Cerity Partners LLC purchased a new position in the fourth quarter worth about $10,678,000. Citadel Advisors LLC increased its holdings in First Trust Expanded Technology ETF by 46.2% in the third quarter, and Goldman Sachs Group Inc. purchased a new position in the second quarter worth approximately $374,000. NewEdge Advisors LLC and Hazlett Burt & Watson Inc. also purchased new positions in the company in the second and third quarters, respectively.
Investors can receive a daily summary of the latest news and analysts’ ratings for First Trust Expanded Technology ETF and related companies by entering their email address below and subscribing to MarketBeat.com’s free daily email newsletter.
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