Bullseye Investment Management LLC Invests $759,000 in First Trust Expanded Technology ETF $XPND

Bullseye Investment Management LLC purchased a new stake in shares of First Trust Expanded Technology ETF (NYSEARCA:XPND) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 18,128 shares of the company’s stock, valued at approximately $759,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Ferguson Shapiro LLC boosted its holdings in First Trust Expanded Technology ETF by 12.0% in the first quarter. Ferguson Shapiro LLC now owns 530,624 shares of the company’s stock worth $17,418,000 after purchasing an additional 56,962 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings 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 buying an additional 13,381 shares in the last quarter. HighTower Advisors LLC raised its holdings in First Trust Expanded Technology ETF by 18.4% during the fourth quarter. HighTower Advisors LLC now owns 35,861 shares of the company’s stock valued at $1,295,000 after buying an additional 5,569 shares in the last quarter. Citadel Advisors LLC lifted its position in shares of First Trust Expanded Technology ETF by 51.5% in the second quarter. Citadel Advisors LLC now owns 23,441 shares of the company’s stock worth $981,000 after buying an additional 7,965 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of First Trust Expanded Technology ETF by 26.1% in the third quarter. Envestnet Asset Management Inc. now owns 11,969 shares of the company’s stock worth $434,000 after buying an additional 2,478 shares during the last quarter.

First Trust Expanded Technology ETF Stock Performance

Shares of XPND traded up $0.68 during trading hours on Friday, hitting $38.89. 3,380 shares of the company were exchanged, compared to its average volume of 7,441. The company has a market cap of $38.89 million, a PE ratio of 32.72 and a beta of 1.27. The firm’s 50 day moving average is $39.09 and its 200-day moving average is $37.80. First Trust Expanded Technology ETF has a 52 week low of $31.65 and a 52 week high of $42.34.

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.