Fortress Financial Solutions LLC Makes New Investment in iShares Exponential Technologies ETF (NASDAQ:XT)

Fortress Financial Solutions LLC acquired a new stake in iShares Exponential Technologies ETF (NASDAQ:XT) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 24,729 shares of the company’s stock, valued at approximately $1,475,000. iShares Exponential Technologies ETF comprises about 2.1% of Fortress Financial Solutions LLC’s holdings, making the stock its 14th biggest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in XT. EQ LLC raised its stake in iShares Exponential Technologies ETF by 3.4% in the third quarter. EQ LLC now owns 4,921 shares of the company’s stock valued at $300,000 after buying an additional 164 shares during the period. Sweeney & Michel LLC increased its holdings in shares of iShares Exponential Technologies ETF by 0.8% during the 3rd quarter. Sweeney & Michel LLC now owns 35,823 shares of the company’s stock worth $2,184,000 after acquiring an additional 285 shares during the last quarter. CWM LLC increased its holdings in shares of iShares Exponential Technologies ETF by 1.3% during the 3rd quarter. CWM LLC now owns 24,815 shares of the company’s stock worth $1,511,000 after acquiring an additional 316 shares during the last quarter. Pallas Capital Advisors LLC raised its stake in iShares Exponential Technologies ETF by 1.6% in the 4th quarter. Pallas Capital Advisors LLC now owns 21,006 shares of the company’s stock valued at $1,253,000 after acquiring an additional 324 shares during the period. Finally, Barrett & Company Inc. lifted its holdings in iShares Exponential Technologies ETF by 0.6% during the 3rd quarter. Barrett & Company Inc. now owns 88,220 shares of the company’s stock valued at $5,371,000 after purchasing an additional 484 shares during the last quarter.

iShares Exponential Technologies ETF Price Performance

NASDAQ:XT opened at $62.62 on Wednesday. The company has a market cap of $3.30 billion, a P/E ratio of 23.27 and a beta of 1.02. The firm’s fifty day moving average price is $61.30 and its two-hundred day moving average price is $60.09. iShares Exponential Technologies ETF has a one year low of $53.00 and a one year high of $63.37.

iShares Exponential Technologies ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 3rd. Investors of record on Monday, December 30th were issued a dividend of $0.0094 per share. The ex-dividend date was Monday, December 30th.

About iShares Exponential Technologies ETF

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.