Bullseye Investment Management LLC Buys Shares of 18,128 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 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 18,128 shares of the company’s stock, valued at approximately $759,000. Bullseye Investment Management LLC owned approximately 1.81% of First Trust Expanded Technology ETF as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of XPND. Raymond James Financial Inc. acquired a new stake in First Trust Expanded Technology ETF during the second quarter valued at $71,000. Envestnet Asset Management Inc. grew its stake in 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 valued at $434,000 after purchasing an additional 2,478 shares in the last quarter. Integrated Wealth Concepts LLC increased its position in First Trust Expanded Technology ETF by 9.5% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 154,647 shares of the company’s stock worth $5,612,000 after purchasing an additional 13,381 shares during the last quarter. Kestra Private Wealth Services LLC increased its position in 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 during the last quarter. Finally, Advisory Services Network LLC purchased a new stake in shares of First Trust Expanded Technology ETF during the 3rd quarter worth about $45,000.

First Trust Expanded Technology ETF Stock Up 1.8%

Shares of XPND traded up $0.68 during midday trading on Friday, reaching $38.89. 3,380 shares of the stock were exchanged, compared to its average volume of 7,441. The company has a market cap of $38.89 million, a price-to-earnings ratio of 32.72 and a beta of 1.27. First Trust Expanded Technology ETF has a 12-month low of $31.65 and a 12-month high of $42.34. The firm has a 50 day simple moving average of $39.09 and a 200-day simple moving average of $37.80.

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.