Janney Montgomery Scott LLC Invests $588,000 in iShares Exponential Technologies ETF $XT

Janney Montgomery Scott LLC bought a new stake in iShares Exponential Technologies ETF (NASDAQ:XT) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 7,115 shares of the company’s stock, valued at approximately $588,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of XT. Sanctuary Advisors LLC raised its position in iShares Exponential Technologies ETF by 2.9% in the 1st quarter. Sanctuary Advisors LLC now owns 4,967 shares of the company’s stock valued at $338,000 after purchasing an additional 138 shares during the last quarter. Rockefeller Capital Management L.P. grew its position in iShares Exponential Technologies ETF by 3.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 3,997 shares of the company’s stock worth $279,000 after purchasing an additional 144 shares during the last quarter. HighTower Advisors LLC increased its stake in iShares Exponential Technologies ETF by 1.1% in the fourth quarter. HighTower Advisors LLC now owns 17,593 shares of the company’s stock valued at $1,227,000 after purchasing an additional 200 shares during the period. Strategic Blueprint LLC increased its stake in iShares Exponential Technologies ETF by 3.7% in the fourth quarter. Strategic Blueprint LLC now owns 6,326 shares of the company’s stock valued at $441,000 after purchasing an additional 227 shares during the period. Finally, Arax Advisory Partners raised its holdings in shares of iShares Exponential Technologies ETF by 12.0% in the fourth quarter. Arax Advisory Partners now owns 2,148 shares of the company’s stock valued at $150,000 after buying an additional 230 shares during the last quarter.

iShares Exponential Technologies ETF Stock Performance

Shares of NASDAQ:XT opened at $83.28 on Friday. iShares Exponential Technologies ETF has a one year low of $65.47 and a one year high of $84.23. The stock has a market capitalization of $3.99 billion, a price-to-earnings ratio of 26.41 and a beta of 1.14. The company has a 50-day simple moving average of $81.21 and a 200-day simple moving average of $76.43.

iShares Exponential Technologies ETF Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a $0.3581 dividend. The ex-dividend date was Monday, June 15th.

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.