The share price of First Trust Expanded Technology ETF (NYSEARCA:XPND) rose 0.7% on Thursday, reaching a high of $28.70 and last trading at $28.65. A total of 32,431 shares were traded during mid-day trading, a significant increase from the average daily volume of 5,112 shares. The stock had closed at $28.46 previously.
The company has a market capitalization of $20.05 million, a price-to-earnings ratio of 36.48, and a beta of 1.38. Its fifty-day moving average price is $26.97 and the 200-day moving average price is $25.84.
One institutional investor, International Assets Investment Management LLC, recently bought a new position in First Trust Expanded Technology ETF stock. The company acquired 4,698 shares of the ETF during the fourth quarter, valued at approximately $110,000. This represented 1.57% ownership of the company as of the most recent filing with the Securities and Exchange Commission (SEC).
First Trust Expanded Technology ETF (XPND) is an exchange-traded fund that primarily invests in stocks based on a specific technology theme. The fund actively invests in US stocks that are technology-driven. Managed by First Trust, XPND was launched on June 14, 2021.
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