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XPND News and Press, First Trust Expanded Technology ETF From 04/26/23

Stock Information

Company Name: First Trust Expanded Technology ETF
Stock Symbol: XPND
Market: NYSE

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XPND - Quality Factor Takes A Star Turn In Q1 2023

2023-04-26 15:15:00 ET Summary Quality was the star performer in most markets in the first-quarter rollercoaster ride, with most of the factor's outperformance coming in March. Quality broadly outpaced its respective broad-market benchmarks and all other factors in Q1, most signif...

XPND - Historic Divergence In Tech Price And Breadth

2023-04-19 03:00:00 ET Summary The Tech sector is in an unusual place in which price has been overbought for the entirety of the past month while short-term breadth has dropped into oversold territory in the past two sessions. Taking a spread of the two measures, that is nearly a ...

XPND - How Equity Market Sectors Are Evolving

2023-04-18 09:43:00 ET Summary Changes to the Global Industry Classification Standard adjusted the sector weights in the S&P 500. Sector futures provide a way to manage risk related to the 11 GICS sectors and gain exposure to changes impacting differing sectors of the market. ...

XPND - Let's Talk About Communication Services ETFs

2023-04-14 08:00:00 ET Summary Internet companies like Meta and Alphabet are actually considered part of the communication services sector after a GICS reclassification in September 2018. Most communication sector ETFs have actually been outperforming technology ETFs YTD. The ...

XPND - Tech Stocks Have Been Hot, But Will Earnings Bring On A Cold Spell?

2023-04-11 13:06:00 ET Summary What's driving investor interest in tech and can it last? Why the upcoming earnings season could prove pivotal for tech stocks. Why tech's long-term outlook is a positive one, even if the short term isn't. U.S. tech stocks have rallied ...

XPND - 2023 YTD Macroeconomic Commentary

2023-04-04 05:16:00 ET Summary The way we understand the tech economy is changing dramatically. While we can’t be sure if it is or is not too soon to enter the highest-quality REIT space, we know for sure it is not too late. Near-term challenges create volatility; long-...

XPND - MV Weekly Market Flash: Two Cheers For The Rally, And A Caveat

2023-04-02 03:43:00 ET Summary Bank shares plunged in the wake of the SVB meltdown, for understandable reasons, while Big Tech was off to the races, for reasons we will explore in further detail below. Stock price valuations are heavily influenced by interest rates, and a reductio...

XPND - IG Technology: Working Through The Cycle

2023-03-30 00:14:00 ET Summary The technology business cycle could have a slower-than-expected recovery, though we remain constructive over the long term. Certain parts of the IT sector, such as PCs, are showing early signs of bottoming, although the pace of recovery is uncertain,...

XPND - While The Bears Growl, Money Is Quietly Moving Into Stocks

2023-03-29 01:49:00 ET Summary The action in the bond market suggests that traders are increasingly betting on a recession and a Federal Reserve easing of rates in the US. When bond yield fell in December 2022, potential home buyers who had been on the fence took the plunge. T...

XPND - First Trust Expanded Technology ETF declares quarterly distribution of $0.0211

2023-03-25 08:01:11 ET First Trust Expanded Technology ETF ( NYSEARCA: XPND ) - $0.0211 . 30-Day SEC Yield of 0.52% as of Feb. 28. Payable Mar 31; for shareholders of record Mar 27; ex-div Mar 24. For further details see: First Trust Expanded Technology ETF d...

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