Detalus Advisors LLC Cuts Position in iShares Exponential Technologies ETF (NASDAQ:XT)

Detalus Advisors LLC reduced its holdings in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 31.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,741 shares of the company’s stock after selling 2,213 shares during the quarter. Detalus Advisors LLC’s holdings in iShares Exponential Technologies ETF were worth $289,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. PNC Financial Services Group Inc. lifted its position in iShares Exponential Technologies ETF by 43.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 6,036 shares of the company’s stock worth $361,000 after acquiring an additional 1,818 shares in the last quarter. Brookstone Capital Management boosted its stake in shares of iShares Exponential Technologies ETF by 9.4% in the first quarter. Brookstone Capital Management now owns 73,846 shares of the company’s stock valued at $4,403,000 after purchasing an additional 6,320 shares during the period. KFG Wealth Management LLC grew its holdings in iShares Exponential Technologies ETF by 14.1% during the 1st quarter. KFG Wealth Management LLC now owns 5,840 shares of the company’s stock valued at $348,000 after purchasing an additional 721 shares in the last quarter. Hartline Investment Corp purchased a new stake in iShares Exponential Technologies ETF during the 1st quarter worth $737,000. Finally, Private Advisor Group LLC lifted its holdings in iShares Exponential Technologies ETF by 5.6% in the 1st quarter. Private Advisor Group LLC now owns 17,828 shares of the company’s stock worth $1,063,000 after buying an additional 953 shares in the last quarter.

iShares Exponential Technologies ETF Trading Down 0.8 %

XT stock traded down $0.49 during midday trading on Wednesday, hitting $59.87. 45,477 shares of the company’s stock were exchanged, compared to its average volume of 102,766. The firm has a 50 day moving average price of $59.51 and a 200-day moving average price of $58.67. iShares Exponential Technologies ETF has a 12-month low of $48.10 and a 12-month high of $61.60. The stock has a market capitalization of $3.45 billion, a price-to-earnings ratio of 23.27 and a beta of 1.02.

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.