SVB Wealth LLC Sells 32,944 Shares of iShares Exponential Technologies ETF (NASDAQ:XT)

SVB Wealth LLC lowered its position in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 61.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,039 shares of the company’s stock after selling 32,944 shares during the period. SVB Wealth LLC’s holdings in iShares Exponential Technologies ETF were worth $1,260,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. OLD Second National Bank of Aurora bought a new stake in iShares Exponential Technologies ETF in the 3rd quarter worth approximately $26,000. Kingswood Wealth Advisors LLC bought a new stake in iShares Exponential Technologies ETF in the 4th quarter worth approximately $554,000. Avantax Advisory Services Inc. grew its position in iShares Exponential Technologies ETF by 17.3% in the 3rd quarter. Avantax Advisory Services Inc. now owns 23,524 shares of the company’s stock worth $1,228,000 after purchasing an additional 3,462 shares during the period. Barrett & Company Inc. grew its position in iShares Exponential Technologies ETF by 1.2% in the 3rd quarter. Barrett & Company Inc. now owns 85,245 shares of the company’s stock worth $4,451,000 after purchasing an additional 986 shares during the period. Finally, Stratos Wealth Advisors LLC grew its position in iShares Exponential Technologies ETF by 9.5% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 119,988 shares of the company’s stock worth $6,265,000 after purchasing an additional 10,429 shares during the period.

iShares Exponential Technologies ETF Trading Down 0.8 %

NASDAQ:XT opened at $55.21 on Friday. iShares Exponential Technologies ETF has a 12 month low of $48.10 and a 12 month high of $61.47. The company has a market cap of $3.20 billion, a PE ratio of 23.80 and a beta of 1.02. The company has a 50 day simple moving average of $58.96 and a two-hundred day simple moving average of $56.52.

iShares Exponential Technologies ETF 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.