Alpha Financial Advisors LLC Purchases 4,289 Shares of iShares Exponential Technologies ETF (NASDAQ:XT)

Alpha Financial Advisors LLC boosted its position in iShares Exponential Technologies ETF (NASDAQ:XT) by 1.2% during the 3rd quarter, Holdings Channel reports. The fund owned 371,483 shares of the company’s stock after acquiring an additional 4,289 shares during the quarter. iShares Exponential Technologies ETF makes up 10.0% of Alpha Financial Advisors LLC’s portfolio, making the stock its 5th biggest holding. Alpha Financial Advisors LLC’s holdings in iShares Exponential Technologies ETF were worth $22,616,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. raised its holdings in iShares Exponential Technologies ETF by 43.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 6,036 shares of the company’s stock worth $361,000 after purchasing an additional 1,818 shares in the last quarter. Lane & Associates LLC raised its holdings in iShares Exponential Technologies ETF by 5.9% during the first quarter. Lane & Associates LLC now owns 14,917 shares of the company’s stock worth $889,000 after purchasing an additional 829 shares in the last quarter. Dynamic Advisor Solutions LLC raised its holdings in iShares Exponential Technologies ETF by 7.0% during the first quarter. Dynamic Advisor Solutions LLC now owns 173,683 shares of the company’s stock worth $10,355,000 after purchasing an additional 11,386 shares in the last quarter. Brookstone Capital Management raised its holdings in iShares Exponential Technologies ETF by 9.4% during the first quarter. Brookstone Capital Management now owns 73,846 shares of the company’s stock worth $4,403,000 after purchasing an additional 6,320 shares in the last quarter. Finally, KFG Wealth Management LLC raised its holdings in iShares Exponential Technologies ETF by 14.1% during the first quarter. KFG Wealth Management LLC now owns 5,840 shares of the company’s stock worth $348,000 after purchasing an additional 721 shares in the last quarter.

iShares Exponential Technologies ETF Stock Performance

XT stock traded up $0.53 during midday trading on Friday, reaching $60.97. 84,875 shares of the company were exchanged, compared to its average volume of 103,337. iShares Exponential Technologies ETF has a 1-year low of $48.10 and a 1-year high of $61.60. The stock’s 50-day simple moving average is $59.37 and its 200 day simple moving average is $58.64. The company has a market cap of $3.51 billion, a price-to-earnings ratio of 23.27 and a beta of 1.02.

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.