First Trust Advisors Reduces Stake in Expand Energy Corporation

The investment firm sold 70,181 shares of the energy company in the third quarter.

Mar. 13, 2026 at 7:55am

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First Trust Advisors LP reduced its position in Expand Energy Corporation (NASDAQ:EXE) by 17.4% in the third quarter, according to a recent SEC filing. The firm now owns 332,251 shares of the company's stock, worth approximately $35.3 million, after selling 70,181 shares during the quarter.

Why it matters

The reduction in First Trust Advisors' stake in Expand Energy reflects broader market trends and investor sentiment around the energy sector. As a major institutional investor, First Trust's portfolio moves can provide insights into the outlook for Expand Energy and the broader energy industry.

The details

First Trust Advisors cited the sale of 70,181 Expand Energy shares in its third-quarter SEC filing. The firm now owns approximately 0.14% of Expand Energy's outstanding shares. Several other major institutional investors, including Phoenix Financial Ltd., Victory Capital Management Inc., and Pacer Advisors Inc., have also adjusted their positions in Expand Energy in recent quarters.

  • First Trust Advisors reduced its Expand Energy stake in the third quarter of 2026.

The players

First Trust Advisors LP

An investment management firm that oversees over $200 billion in assets.

Expand Energy Corporation

An independent natural gas producer primarily operating in the United States.

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The takeaway

The reduction in First Trust Advisors' Expand Energy stake reflects broader market trends and investor sentiment around the energy sector, which could impact the company's stock performance and operations going forward.