REDW Wealth LLC Has $671,000 Stake in iShares Exponential Technologies ETF (NASDAQ:XT)

REDW Wealth LLC lessened its holdings in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 39.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 11,240 shares of the company’s stock after selling 7,334 shares during the quarter. REDW Wealth LLC’s holdings in iShares Exponential Technologies ETF were worth $671,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new position in shares of iShares Exponential Technologies ETF in the 4th quarter valued at approximately $14,080,000. Jones Financial Companies Lllp raised its position in iShares Exponential Technologies ETF by 24.4% during the fourth quarter. Jones Financial Companies Lllp now owns 40,446 shares of the company’s stock valued at $2,413,000 after purchasing an additional 7,945 shares in the last quarter. Fisher Asset Management LLC bought a new stake in iShares Exponential Technologies ETF during the fourth quarter worth $224,000. SVB Wealth LLC acquired a new stake in shares of iShares Exponential Technologies ETF in the 4th quarter valued at $1,826,000. Finally, Wharton Business Group LLC increased its stake in shares of iShares Exponential Technologies ETF by 8.1% in the 4th quarter. Wharton Business Group LLC now owns 69,970 shares of the company’s stock valued at $4,174,000 after purchasing an additional 5,230 shares during the last quarter.

iShares Exponential Technologies ETF Stock Up 1.1 %

Shares of XT stock opened at $60.94 on Monday. The business has a fifty day simple moving average of $61.59 and a 200 day simple moving average of $60.73. The company has a market cap of $3.21 billion, a P/E ratio of 28.27 and a beta of 1.02. 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 announced a dividend, which was paid on Friday, January 3rd. Stockholders of record on Monday, December 30th were issued a $0.0094 dividend. The ex-dividend date of this dividend was Monday, December 30th.

iShares Exponential Technologies ETF Company 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.