First Trust Expanded Technology ETF (NYSEARCA:XPND) Stock Price Down 0.2%

First Trust Expanded Technology ETF (NYSEARCA:XPND) shares traded down 0.2% during trading on Tuesday . The company traded as low as $28.00 and last traded at $28.00. 663 shares were traded during mid-day trading, a decline of 85% from the average session volume of 4,420 shares. The stock had previously closed at $28.05.

First Trust Expanded Technology ETF Price Performance

The company has a fifty day moving average price of $27.37 and a two-hundred day moving average price of $26.92. The firm has a market cap of $19.60 million, a price-to-earnings ratio of 36.48 and a beta of 1.38.

Institutional Trading of First Trust Expanded Technology ETF

A hedge fund recently bought a new stake in First Trust Expanded Technology ETF stock. Geneos Wealth Management Inc. acquired a new stake in shares of First Trust Expanded Technology ETF (NYSEARCA:XPND) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 7,692 shares of the company’s stock, valued at approximately $204,000. Geneos Wealth Management Inc. owned approximately 1.10% of First Trust Expanded Technology ETF at the end of the most recent quarter.

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.