IFP Advisors Inc Reduces Stock Position in iShares Exponential Technologies ETF (NASDAQ:XT)

IFP Advisors Inc cut its holdings in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 5.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 16,983 shares of the company’s stock after selling 943 shares during the quarter. IFP Advisors Inc’s holdings in iShares Exponential Technologies ETF were worth $1,013,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Finley Financial LLC bought a new stake in shares of iShares Exponential Technologies ETF in the 4th quarter valued at approximately $30,000. Compass Planning Associates Inc bought a new stake in shares of iShares Exponential Technologies ETF in the 4th quarter valued at approximately $49,000. First Horizon Advisors Inc. increased its holdings in shares of iShares Exponential Technologies ETF by 7,907.7% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,041 shares of the company’s stock valued at $63,000 after acquiring an additional 1,028 shares during the last quarter. West Oak Capital LLC increased its holdings in shares of iShares Exponential Technologies ETF by 260.3% in the 4th quarter. West Oak Capital LLC now owns 1,081 shares of the company’s stock valued at $64,000 after acquiring an additional 781 shares during the last quarter. Finally, Allworth Financial LP increased its holdings in shares of iShares Exponential Technologies ETF by 62.7% in the 4th quarter. Allworth Financial LP now owns 1,878 shares of the company’s stock valued at $117,000 after acquiring an additional 724 shares during the last quarter.

iShares Exponential Technologies ETF Trading Down 2.4 %

Shares of NASDAQ XT opened at $61.07 on Friday. The company has a market capitalization of $3.17 billion, a price-to-earnings ratio of 28.27 and a beta of 1.04. The business has a 50 day simple moving average of $61.60 and a 200-day simple moving average of $60.61. iShares Exponential Technologies ETF has a twelve month low of $53.00 and a twelve month high of $64.26.

iShares Exponential Technologies ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 3rd. Investors of record on Monday, December 30th were paid 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.