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

First Trust Expanded Technology ETF (NYSEARCA:XPND) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 277 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 1,767 shares, the days-to-cover ratio is currently 0.2 days.

First Trust Expanded Technology ETF Price Performance

First Trust Expanded Technology ETF stock traded down $0.21 during trading hours on Monday, hitting $39.75. The company had a trading volume of 470 shares, compared to its average volume of 7,093. The firm’s fifty day moving average is $38.97 and its 200-day moving average is $38.17. The firm has a market capitalization of $39.75 million, a P/E ratio of 32.72 and a beta of 1.27. First Trust Expanded Technology ETF has a fifty-two week low of $31.65 and a fifty-two week high of $42.34.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its stake in First Trust Expanded Technology ETF by 2.0% in the second quarter. Envestnet Asset Management Inc. now owns 13,407 shares of the company’s stock valued at $561,000 after buying an additional 263 shares during the period. Bullseye Investment Management LLC bought a new stake in First Trust Expanded Technology ETF in the 2nd quarter valued at $759,000. Citadel Advisors LLC boosted its position in shares of First Trust Expanded Technology ETF by 51.5% during 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 period. Concurrent Investment Advisors LLC bought a new position in shares of First Trust Expanded Technology ETF during the 2nd quarter worth approximately $245,000. Finally, Sanctuary Advisors LLC grew its position in First Trust Expanded Technology ETF by 8.9% in the first quarter. Sanctuary Advisors LLC now owns 10,579 shares of the company’s stock valued at $347,000 after purchasing an additional 869 shares in the last quarter.

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.