Foundations Investment Advisors LLC Acquires Shares of 9,035 First Trust Expanded Technology ETF $XPND

Foundations Investment Advisors LLC bought a new position in shares of First Trust Expanded Technology ETF (NYSEARCA:XPND) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 9,035 shares of the company’s stock, valued at approximately $304,000. Foundations Investment Advisors LLC owned approximately 1.06% of First Trust Expanded Technology ETF at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. AE Wealth Management LLC increased its holdings in First Trust Expanded Technology ETF by 170.5% during the 1st 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. Arkadios Wealth Advisors purchased a new position in shares of First Trust Expanded Technology ETF during the second quarter valued at approximately $276,000. Envestnet Asset Management Inc. bought a new stake in First Trust Expanded Technology ETF during the second quarter worth $320,000. Clear Creek Financial Management LLC purchased a new stake in First Trust Expanded Technology ETF in the 2nd quarter valued at $462,000. Finally, HighTower Advisors LLC lifted its stake in 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 acquiring an additional 3,636 shares in the last quarter.

First Trust Expanded Technology ETF Price Performance

XPND opened at $34.54 on Friday. First Trust Expanded Technology ETF has a 1 year low of $24.15 and a 1 year high of $38.47. The company has a market capitalization of $34.54 million, a price-to-earnings ratio of 32.72 and a beta of 1.25. The firm’s fifty day moving average price is $36.63 and its two-hundred day moving average price is $34.22.

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.