8,209 Shares in First Trust Expanded Technology ETF $XPND Purchased by Arkadios Wealth Advisors

Arkadios Wealth Advisors purchased a new stake in First Trust Expanded Technology ETF (NYSEARCA:XPND) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 8,209 shares of the company’s stock, valued at approximately $276,000. Arkadios Wealth Advisors owned approximately 0.97% of First Trust Expanded Technology ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Integrated Wealth Concepts LLC acquired a new position in First Trust Expanded Technology ETF during the first quarter valued at approximately $4,279,000. Nations Financial Group Inc. IA ADV bought a new stake in shares of First Trust Expanded Technology ETF in the first quarter worth $963,000. Clear Creek Financial Management LLC bought a new stake in shares of First Trust Expanded Technology ETF in the second quarter worth $462,000. Envestnet Asset Management Inc. bought a new stake in shares of First Trust Expanded Technology ETF in the second quarter worth $320,000. Finally, HighTower Advisors LLC boosted its position in First Trust Expanded Technology ETF by 13.7% during the first quarter. HighTower Advisors LLC now owns 30,110 shares of the company’s stock valued at $850,000 after acquiring an additional 3,636 shares during the last quarter.

First Trust Expanded Technology ETF Trading Up 0.7%

Shares of XPND opened at $37.20 on Thursday. The stock has a market capitalization of $37.20 million, a P/E ratio of 32.72 and a beta of 1.25. The firm’s fifty day simple moving average is $36.30 and its two-hundred day simple moving average is $33.65. First Trust Expanded Technology ETF has a 12 month low of $24.15 and a 12 month high of $38.47.

First Trust Expanded Technology ETF 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.