Valmark Advisers Inc. Has $3.59 Million Stock Position in iShares Exponential Technologies ETF (NASDAQ:XT)

Valmark Advisers Inc. boosted its stake in iShares Exponential Technologies ETF (NASDAQ:XT) by 5.7% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 59,018 shares of the company’s stock after buying an additional 3,185 shares during the period. Valmark Advisers Inc.’s holdings in iShares Exponential Technologies ETF were worth $3,593,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of XT. Strategic Financial Concepts LLC bought a new stake in iShares Exponential Technologies ETF during the 2nd quarter worth approximately $65,000. Ashton Thomas Private Wealth LLC bought a new position in iShares Exponential Technologies ETF during the 2nd quarter worth approximately $104,000. Graypoint LLC acquired a new position in iShares Exponential Technologies ETF during the second quarter valued at approximately $220,000. Cetera Advisors LLC raised its holdings in iShares Exponential Technologies ETF by 7.6% in the first quarter. Cetera Advisors LLC now owns 3,856 shares of the company’s stock worth $230,000 after purchasing an additional 273 shares during the period. Finally, CFO4Life Group LLC bought a new position in shares of iShares Exponential Technologies ETF during the first quarter worth $235,000.

iShares Exponential Technologies ETF Stock Up 0.4 %

Shares of XT traded up $0.22 during trading hours on Tuesday, reaching $60.72. The stock had a trading volume of 39,519 shares, compared to its average volume of 103,014. iShares Exponential Technologies ETF has a 52 week low of $48.11 and a 52 week high of $61.60. The company has a market cap of $3.49 billion, a P/E ratio of 23.27 and a beta of 1.02. The firm has a 50-day moving average of $59.61 and a 200 day moving average of $58.70.

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.