Bullseye Investment Management LLC Takes $746,000 Position in First Trust Expanded Technology ETF (NYSEARCA:XPND)

Bullseye Investment Management LLC acquired a new stake in First Trust Expanded Technology ETF (NYSEARCA:XPND) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 24,524 shares of the company’s stock, valued at approximately $746,000. Bullseye Investment Management LLC owned 3.50% of First Trust Expanded Technology ETF as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. HighTower Advisors LLC acquired a new stake in shares of First Trust Expanded Technology ETF during the third quarter worth $711,000. Harbour Investments Inc. purchased a new position in First Trust Expanded Technology ETF in the 4th quarter worth about $56,000. Finally, Boyce & Associates Wealth Consulting Inc. raised its holdings in First Trust Expanded Technology ETF by 45.2% during the 4th quarter. Boyce & Associates Wealth Consulting Inc. now owns 15,204 shares of the company’s stock worth $462,000 after buying an additional 4,736 shares during the period.

First Trust Expanded Technology ETF Price Performance

Shares of NYSEARCA XPND opened at $28.17 on Friday. The company has a market capitalization of $25.35 million, a P/E ratio of 32.74 and a beta of 1.24. The business’s 50-day moving average price is $30.69 and its two-hundred day moving average price is $30.18. First Trust Expanded Technology ETF has a one year low of $24.58 and a one year high of $32.83.

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.