Mirae Asset Global Investments Co. Ltd. Sells 90,380 Shares of iShares Exponential Technologies ETF (NASDAQ:XT)

Mirae Asset Global Investments Co. Ltd. cut its stake in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 15.5% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 494,020 shares of the company’s stock after selling 90,380 shares during the period. Mirae Asset Global Investments Co. Ltd. owned about 0.83% of iShares Exponential Technologies ETF worth $27,468,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of XT. Jane Street Group LLC grew its position in shares of iShares Exponential Technologies ETF by 519.2% in the 2nd quarter. Jane Street Group LLC now owns 804,518 shares of the company’s stock valued at $38,561,000 after buying an additional 674,580 shares during the last quarter. LPL Financial LLC raised its holdings in iShares Exponential Technologies ETF by 1.0% during the 1st quarter. LPL Financial LLC now owns 497,954 shares of the company’s stock worth $26,242,000 after purchasing an additional 4,834 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in shares of iShares Exponential Technologies ETF by 0.7% in the 1st quarter. Commonwealth Equity Services LLC now owns 394,636 shares of the company’s stock worth $20,797,000 after purchasing an additional 2,838 shares during the period. Wells Fargo & Company MN boosted its stake in shares of iShares Exponential Technologies ETF by 3.7% in the 4th quarter. Wells Fargo & Company MN now owns 387,435 shares of the company’s stock valued at $18,341,000 after purchasing an additional 13,873 shares during the last quarter. Finally, Alpha Financial Advisors LLC boosted its position in shares of iShares Exponential Technologies ETF by 4.9% during the 2nd quarter. Alpha Financial Advisors LLC now owns 339,282 shares of the company’s stock valued at $18,864,000 after purchasing an additional 15,768 shares in the last quarter.

iShares Exponential Technologies ETF Trading Up 1.4 %

NASDAQ XT opened at $54.96 on Tuesday. The company has a fifty day simple moving average of $51.84 and a 200 day simple moving average of $53.74. iShares Exponential Technologies ETF has a 12-month low of $46.13 and a 12-month high of $58.63. The company has a market cap of $3.24 billion, a P/E ratio of 19.92 and a beta of 1.02.

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.