Stratos Wealth Advisors LLC Sells 67,828 Shares of iShares Exponential Technologies ETF (NASDAQ:XT)

Stratos Wealth Advisors LLC decreased its position in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 33.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 137,982 shares of the company’s stock after selling 67,828 shares during the period. Stratos Wealth Advisors LLC’s holdings in iShares Exponential Technologies ETF were worth $8,232,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Financial Life Planners purchased a new stake in iShares Exponential Technologies ETF in the fourth quarter worth about $164,000. Destiny Wealth Partners LLC lifted its stake in iShares Exponential Technologies ETF by 0.9% in the fourth quarter. Destiny Wealth Partners LLC now owns 80,624 shares of the company’s stock worth $4,810,000 after acquiring an additional 708 shares during the period. Crews Bank & Trust purchased a new stake in iShares Exponential Technologies ETF in the fourth quarter worth about $202,000. Embree Financial Group purchased a new stake in iShares Exponential Technologies ETF in the fourth quarter worth about $205,000. Finally, Dynamic Advisor Solutions LLC lifted its stake in iShares Exponential Technologies ETF by 0.6% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 162,157 shares of the company’s stock worth $9,674,000 after acquiring an additional 966 shares during the period.

iShares Exponential Technologies ETF Price Performance

NASDAQ:XT opened at $62.17 on Wednesday. iShares Exponential Technologies ETF has a 1-year low of $53.00 and a 1-year high of $63.37. The company has a 50-day moving average of $61.19 and a 200 day moving average of $59.96. The firm has a market cap of $3.28 billion, a PE ratio of 23.27 and a beta of 1.02.

iShares Exponential Technologies ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 3rd. Shareholders of record on Monday, December 30th were given a dividend of $0.0094 per share. The ex-dividend date of this dividend was Monday, December 30th.

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.