First Trust Expanded Technology ETF (NYSEARCA:XPND) Short Interest Update

First Trust Expanded Technology ETF (NYSEARCA:XPND) saw a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 1,133 shares, a decrease of 66.7% from the January 29th total of 3,403 shares. Based on an average daily trading volume, of 5,406 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 5,406 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On First Trust Expanded Technology ETF

Several hedge funds have recently modified their holdings of the business. Ferguson Shapiro LLC purchased a new position in shares of First Trust Expanded Technology ETF in the 4th quarter valued at $17,102,000. Integrated Wealth Concepts LLC boosted its position in First Trust Expanded Technology ETF by 9.5% during the third 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. Osaic Holdings Inc. grew its stake in First Trust Expanded Technology ETF by 1.5% in the second quarter. Osaic Holdings Inc. now owns 100,095 shares of the company’s stock valued at $3,371,000 after purchasing an additional 1,463 shares during the last quarter. HighTower Advisors LLC raised its holdings in First Trust Expanded Technology ETF by 18.4% in the fourth quarter. HighTower Advisors LLC now owns 35,861 shares of the company’s stock worth $1,295,000 after purchasing an additional 5,569 shares in the last quarter. Finally, Clear Creek Financial Management LLC raised its holdings in First Trust Expanded Technology ETF by 2.9% in the third quarter. Clear Creek Financial Management LLC now owns 14,125 shares of the company’s stock worth $513,000 after purchasing an additional 400 shares in the last quarter.

First Trust Expanded Technology ETF Trading Down 0.8%

Shares of NYSEARCA XPND traded down $0.27 during trading hours on Thursday, hitting $34.42. 4,742 shares of the company traded hands, compared to its average volume of 5,609. First Trust Expanded Technology ETF has a 12 month low of $24.15 and a 12 month high of $38.47. The stock has a market capitalization of $51.63 million, a price-to-earnings ratio of 32.72 and a beta of 1.25. The company’s 50 day moving average price is $35.47 and its 200 day moving average price is $35.77.

First Trust Expanded Technology ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a dividend of $0.0127 per share. The ex-dividend date was Friday, December 12th. This represents a $0.05 annualized dividend and a dividend yield of 0.1%.

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.