iShares Exponential Technologies ETF (NASDAQ:XT) Stake Lessened by Concord Wealth Partners

Concord Wealth Partners decreased its stake in iShares Exponential Technologies ETF (NASDAQ:XT) by 86.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,060 shares of the company’s stock after selling 77,531 shares during the quarter. Concord Wealth Partners’ holdings in iShares Exponential Technologies ETF were worth $734,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Strategic Financial Concepts LLC acquired a new stake in iShares Exponential Technologies ETF in the 2nd quarter worth $65,000. Ashton Thomas Private Wealth LLC acquired a new stake in iShares Exponential Technologies ETF in the 2nd quarter worth $104,000. Graypoint LLC acquired a new stake in shares of iShares Exponential Technologies ETF during the 2nd quarter valued at about $220,000. Cetera Advisors LLC boosted its position in shares of iShares Exponential Technologies ETF by 7.6% during the 1st quarter. Cetera Advisors LLC now owns 3,856 shares of the company’s stock valued at $230,000 after acquiring an additional 273 shares in the last quarter. Finally, CFO4Life Group LLC bought a new stake in shares of iShares Exponential Technologies ETF during the first quarter valued at approximately $235,000.

iShares Exponential Technologies ETF Trading Up 0.8 %

Shares of XT traded up $0.51 during mid-day trading on Monday, hitting $60.67. 21,912 shares of the company traded hands, compared to its average volume of 102,866. iShares Exponential Technologies ETF has a one year low of $48.11 and a one year high of $61.60. The business has a 50-day moving average of $59.60 and a 200 day moving average of $58.69. The stock has a market capitalization of $3.49 billion, a price-to-earnings ratio of 23.27 and a beta of 1.02.

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.