Valley National Advisers Inc. decreased its holdings in shares of iShares Exponential Technologies ETF (NASDAQ:XT – Free Report) by 3.9% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 18,480 shares of the company’s stock after selling 748 shares during the quarter. Valley National Advisers Inc.’s holdings in iShares Exponential Technologies ETF were worth $1,205,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of XT. Mirae Asset Global Investments Co. Ltd. raised its holdings in iShares Exponential Technologies ETF by 179.6% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 28,020 shares of the company’s stock worth $1,623,000 after acquiring an additional 18,000 shares during the period. Cerity Partners LLC increased its position in iShares Exponential Technologies ETF by 22.0% in the 1st quarter. Cerity Partners LLC now owns 18,007 shares of the company’s stock valued at $1,037,000 after acquiring an additional 3,250 shares in the last quarter. Farther Finance Advisors LLC boosted its position in iShares Exponential Technologies ETF by 46.6% in the 1st quarter. Farther Finance Advisors LLC now owns 7,891 shares of the company’s stock valued at $454,000 after buying an additional 2,510 shares during the last quarter. Baird Financial Group Inc. raised its holdings in iShares Exponential Technologies ETF by 2.7% during the 1st quarter. Baird Financial Group Inc. now owns 270,134 shares of the company’s stock worth $15,549,000 after purchasing an additional 7,210 shares during the last quarter. Finally, LPL Financial LLC lifted its holdings in iShares Exponential Technologies ETF by 5.0% in the first quarter. LPL Financial LLC now owns 727,590 shares of the company’s stock valued at $41,880,000 after buying an additional 34,718 shares during the period.
iShares Exponential Technologies ETF Price Performance
Shares of XT stock opened at $73.56 on Monday. The stock has a market cap of $3.71 billion, a PE ratio of 26.41 and a beta of 1.02. iShares Exponential Technologies ETF has a one year low of $49.01 and a one year high of $74.00. The stock has a 50-day moving average of $68.58 and a 200-day moving average of $63.51.
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.
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