Clear Creek Financial Management LLC Makes New $462,000 Investment in First Trust Expanded Technology ETF $XPND

Clear Creek Financial Management LLC bought a new position in First Trust Expanded Technology ETF (NYSEARCA:XPND) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 13,725 shares of the company’s stock, valued at approximately $462,000. Clear Creek Financial Management LLC owned 1.61% of First Trust Expanded Technology ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in XPND. AE Wealth Management LLC boosted its holdings in shares of First Trust Expanded Technology ETF by 170.5% during the first quarter. AE Wealth Management LLC now owns 1,975 shares of the company’s stock worth $56,000 after purchasing an additional 1,245 shares during the period. Boyce & Associates Wealth Consulting Inc. boosted its holdings in shares of First Trust Expanded Technology ETF by 14.8% during the first quarter. Boyce & Associates Wealth Consulting Inc. now owns 17,447 shares of the company’s stock worth $493,000 after purchasing an additional 2,243 shares during the period. HighTower Advisors LLC boosted its holdings in shares of First Trust Expanded Technology ETF by 13.7% during the first quarter. HighTower Advisors LLC now owns 30,110 shares of the company’s stock worth $850,000 after purchasing an additional 3,636 shares during the period. Nations Financial Group Inc. IA ADV acquired a new stake in shares of First Trust Expanded Technology ETF during the first quarter worth approximately $963,000. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in shares of First Trust Expanded Technology ETF by 3.6% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 34,748 shares of the company’s stock worth $981,000 after purchasing an additional 1,212 shares during the period.

First Trust Expanded Technology ETF Stock Performance

XPND stock opened at $35.89 on Friday. The stock has a market cap of $34.10 million, a P/E ratio of 32.72 and a beta of 1.29. The firm has a 50 day simple moving average of $35.13 and a 200 day simple moving average of $32.31. First Trust Expanded Technology ETF has a 52 week low of $24.15 and a 52 week high of $37.37.

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.