iShares Exponential Technologies ETF $XT Shares Sold by UBS Group AG

UBS Group AG reduced its position in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 20.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 217,711 shares of the company’s stock after selling 56,095 shares during the period. UBS Group AG’s holdings in iShares Exponential Technologies ETF were worth $15,183,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in XT. Courier Capital LLC boosted its stake in shares of iShares Exponential Technologies ETF by 9.3% in the fourth quarter. Courier Capital LLC now owns 14,249 shares of the company’s stock worth $994,000 after acquiring an additional 1,213 shares during the last quarter. Concurrent Investment Advisors LLC acquired a new stake in shares of iShares Exponential Technologies ETF in the fourth quarter worth approximately $726,000. Barrett & Company Inc. boosted its stake in shares of iShares Exponential Technologies ETF by 1.5% in the fourth quarter. Barrett & Company Inc. now owns 94,389 shares of the company’s stock worth $6,583,000 after acquiring an additional 1,396 shares during the last quarter. Benchmark Financial Wealth Advisors LLC boosted its stake in shares of iShares Exponential Technologies ETF by 7.7% in the fourth quarter. Benchmark Financial Wealth Advisors LLC now owns 3,323 shares of the company’s stock worth $232,000 after acquiring an additional 238 shares during the last quarter. Finally, Valmark Advisers Inc. boosted its stake in shares of iShares Exponential Technologies ETF by 5.7% in the fourth quarter. Valmark Advisers Inc. now owns 71,642 shares of the company’s stock worth $4,996,000 after acquiring an additional 3,881 shares during the last quarter.

iShares Exponential Technologies ETF Price Performance

Shares of NASDAQ:XT opened at $80.30 on Thursday. The business’s 50 day moving average price is $72.07 and its 200-day moving average price is $72.44. The firm has a market capitalization of $4.05 billion, a PE ratio of 26.41 and a beta of 1.12. iShares Exponential Technologies ETF has a 1 year low of $60.37 and a 1 year high of $80.37.

iShares Exponential Technologies ETF Company 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. XT was launched on Mar 19, 2015 and is managed by BlackRock.