Geneos Wealth Management Inc. Sells 1,711 Shares of First Trust Expanded Technology ETF $XPND

Geneos Wealth Management Inc. cut its holdings in First Trust Expanded Technology ETF (NYSEARCA:XPND) by 31.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,654 shares of the company’s stock after selling 1,711 shares during the period. Geneos Wealth Management Inc. owned 0.46% of First Trust Expanded Technology ETF worth $103,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in XPND. AE Wealth Management LLC increased its stake in shares of First Trust Expanded Technology ETF by 170.5% in the first quarter. AE Wealth Management LLC now owns 1,975 shares of the company’s stock worth $56,000 after purchasing an additional 1,245 shares in the last quarter. Boyce & Associates Wealth Consulting Inc. raised its position in shares of First Trust Expanded Technology ETF by 14.8% during the 1st quarter. Boyce & Associates Wealth Consulting Inc. now owns 17,447 shares of the company’s stock valued at $493,000 after purchasing an additional 2,243 shares during the period. HighTower Advisors LLC raised its position in shares of First Trust Expanded Technology ETF by 13.7% during the 1st quarter. HighTower Advisors LLC now owns 30,110 shares of the company’s stock valued at $850,000 after purchasing an additional 3,636 shares during the period. Nations Financial Group Inc. IA ADV bought a new stake in shares of First Trust Expanded Technology ETF during the 1st quarter valued at $963,000. Finally, Cambridge Investment Research Advisors Inc. raised its position in shares of First Trust Expanded Technology ETF by 3.6% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 34,748 shares of the company’s stock valued at $981,000 after purchasing an additional 1,212 shares during the period.

First Trust Expanded Technology ETF Price Performance

Shares of XPND stock opened at $35.90 on Thursday. The company has a market capitalization of $30.52 million, a price-to-earnings ratio of 32.72 and a beta of 1.29. First Trust Expanded Technology ETF has a one year low of $24.15 and a one year high of $35.90. The company’s fifty day moving average price is $34.19 and its 200-day moving average price is $31.45.

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.