Integrated Wealth Concepts LLC Has $6.85 Million Stock Position in First Trust Expanded Technology ETF $XPND

Integrated Wealth Concepts LLC lowered its position in First Trust Expanded Technology ETF (NYSEARCA:XPND) by 11.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 163,627 shares of the company’s stock after selling 20,550 shares during the period. Integrated Wealth Concepts LLC owned 16.36% of First Trust Expanded Technology ETF worth $6,847,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in shares of First Trust Expanded Technology ETF during the second quarter valued at approximately $71,000. Envestnet Asset Management Inc. lifted its holdings in shares of First Trust Expanded Technology ETF by 26.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 11,969 shares of the company’s stock worth $434,000 after purchasing an additional 2,478 shares in the last quarter. Kestra Private Wealth Services LLC lifted its holdings in shares of 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 worth $311,000 after purchasing an additional 545 shares in the last quarter. Advisory Services Network LLC acquired a new stake in First Trust Expanded Technology ETF in the 3rd quarter valued at $45,000. Finally, IFP Advisors Inc acquired a new stake in First Trust Expanded Technology ETF in the 3rd quarter valued at $38,000.

First Trust Expanded Technology ETF Trading Up 1.8%

Shares of XPND stock opened at $38.89 on Friday. The firm has a market capitalization of $38.89 million, a PE ratio of 32.72 and a beta of 1.27. The firm has a fifty day simple moving average of $39.07 and a two-hundred day simple moving average of $37.81. First Trust Expanded Technology ETF has a 12 month low of $31.65 and a 12 month 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.