First Trust Expanded Technology ETF Price & Performance (XPND)

First Trust has launched the Small Cap BuyWrite Income ETF, combining small-cap equity exposure with an options strategy. This actively managed fund aims to generate income through dividends and call option premiums, catering to income-oriented investors seeking higher returns and market volatility protection.1

Alibaba has revealed an AI model capable of understanding emotions, surroundings, and attire. This advancement positions the company as a strong competitor to OpenAI, offering open-source access to encourage collaboration and innovation. Analysts view this as a strategic move to enhance market competitiveness and revenue streams.2

HighTower Advisors LLC increased its holdings in the First Trust Institutional Preferred Securities and Income ETF during Q4 2024. The firm now owns 135,920 shares, valued at $2.54 million. This growth reflects rising interest among institutional investors in income-focused ETFs amid market uncertainties.3