Glen Eagle Advisors LLC Cuts Stock Position in iShares Exponential Technologies ETF (NASDAQ:XT)

Glen Eagle Advisors LLC lessened its stake in iShares Exponential Technologies ETF (NASDAQ:XT) by 6.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 16,467 shares of the company’s stock after selling 1,126 shares during the quarter. Glen Eagle Advisors LLC’s holdings in iShares Exponential Technologies ETF were worth $982,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Finley Financial LLC purchased a new stake in shares of iShares Exponential Technologies ETF during the fourth quarter worth $30,000. Compass Planning Associates Inc purchased a new stake in shares of iShares Exponential Technologies ETF during the fourth quarter worth $49,000. CoreCap Advisors LLC grew its holdings in shares of iShares Exponential Technologies ETF by 41.7% during the fourth quarter. CoreCap Advisors LLC now owns 1,009 shares of the company’s stock worth $60,000 after buying an additional 297 shares in the last quarter. Howe & Rusling Inc. purchased a new stake in shares of iShares Exponential Technologies ETF during the fourth quarter worth $64,000. Finally, Allworth Financial LP grew its holdings in shares of iShares Exponential Technologies ETF by 62.7% during the fourth quarter. Allworth Financial LP now owns 1,878 shares of the company’s stock worth $117,000 after buying an additional 724 shares in the last quarter.

iShares Exponential Technologies ETF Stock Up 0.4%

iShares Exponential Technologies ETF stock opened at $61.99 on Wednesday. iShares Exponential Technologies ETF has a 52-week low of $49.01 and a 52-week high of $64.26. The firm has a market capitalization of $3.26 billion, a price-to-earnings ratio of 25.30 and a beta of 1.02. The company has a fifty day simple moving average of $57.49 and a 200-day simple moving average of $59.96.

iShares Exponential Technologies ETF Profile

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.