Lane & Associates LLC Decreases Holdings in iShares Exponential Technologies ETF (NASDAQ:XT)

Lane & Associates LLC trimmed its holdings in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 14.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,074 shares of the company’s stock after selling 1,585 shares during the period. Lane & Associates LLC’s holdings in iShares Exponential Technologies ETF were worth $563,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of XT. Finley Financial LLC purchased a new stake in iShares Exponential Technologies ETF during the 4th quarter worth about $30,000. Compass Planning Associates Inc purchased a new stake in shares of iShares Exponential Technologies ETF in the 4th quarter valued at about $49,000. First Horizon Advisors Inc. lifted its holdings in shares of iShares Exponential Technologies ETF by 7,907.7% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,041 shares of the company’s stock valued at $63,000 after purchasing an additional 1,028 shares during the last quarter. West Oak Capital LLC lifted its holdings in shares of iShares Exponential Technologies ETF by 260.3% in the 4th quarter. West Oak Capital LLC now owns 1,081 shares of the company’s stock valued at $64,000 after purchasing an additional 781 shares during the last quarter. Finally, Allworth Financial LP lifted its holdings in shares of iShares Exponential Technologies ETF by 62.7% in the 4th quarter. Allworth Financial LP now owns 1,878 shares of the company’s stock valued at $117,000 after purchasing an additional 724 shares during the last quarter.

iShares Exponential Technologies ETF Stock Performance

iShares Exponential Technologies ETF stock opened at $64.00 on Friday. iShares Exponential Technologies ETF has a fifty-two week low of $53.00 and a fifty-two week high of $64.26. The company has a market capitalization of $3.38 billion, a P/E ratio of 23.27 and a beta of 1.02. The stock has a 50-day simple moving average of $61.45 and a 200-day simple moving average of $60.34.

iShares Exponential Technologies ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 3rd. Stockholders of record on Monday, December 30th were issued a $0.0094 dividend. The ex-dividend date was Monday, December 30th.

About iShares Exponential Technologies ETF

The iShares Exponential Technologies ETF (XT) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an equal-weighted index that provides exposure to firms from developed and emerging markets, which create or use exponential technologies as defined by Morningstar.