Ferguson Shapiro LLC Purchases Shares of 473,662 First Trust Expanded Technology ETF $XPND

Ferguson Shapiro LLC purchased a new stake in First Trust Expanded Technology ETF (NYSEARCA:XPND) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 473,662 shares of the company’s stock, valued at approximately $17,102,000. First Trust Expanded Technology ETF accounts for 5.3% of Ferguson Shapiro LLC’s holdings, making the stock its 5th biggest position. Ferguson Shapiro LLC owned approximately 31.58% of First Trust Expanded Technology ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. IFP Advisors Inc purchased a new stake in First Trust Expanded Technology ETF in the 3rd quarter valued at about $38,000. Advisory Services Network LLC purchased a new stake in First Trust Expanded Technology ETF in the 3rd quarter valued at about $45,000. Kestra Private Wealth Services LLC grew its holdings in First Trust Expanded Technology ETF by 6.8% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 8,562 shares of the company’s stock valued at $311,000 after buying an additional 545 shares during the period. Integrated Wealth Concepts LLC lifted its stake in shares of First Trust Expanded Technology ETF by 9.5% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 154,647 shares of the company’s stock valued at $5,612,000 after purchasing an additional 13,381 shares in the last quarter. Finally, Clear Creek Financial Management LLC lifted its stake in shares of First Trust Expanded Technology ETF by 2.9% in the 3rd quarter. Clear Creek Financial Management LLC now owns 14,125 shares of the company’s stock valued at $513,000 after purchasing an additional 400 shares in the last quarter.

First Trust Expanded Technology ETF Price Performance

NYSEARCA XPND opened at $36.48 on Friday. The firm has a market capitalization of $36.48 million, a P/E ratio of 32.72 and a beta of 1.24. First Trust Expanded Technology ETF has a 1-year low of $25.59 and a 1-year high of $38.47. The business’s 50-day simple moving average is $34.10 and its 200-day simple moving average is $35.55.

First Trust Expanded Technology ETF Company 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.