iShares Exponential Technologies ETF $XT Shares Sold by UBS Group AG

UBS Group AG lessened its position in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 20.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 217,711 shares of the company’s stock after selling 56,095 shares during the quarter. UBS Group AG owned approximately 0.42% of iShares Exponential Technologies ETF worth $15,183,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in XT. Orion Porfolio Solutions LLC grew its position in iShares Exponential Technologies ETF by 683.4% during the second quarter. Orion Porfolio Solutions LLC now owns 824,495 shares of the company’s stock valued at $53,798,000 after buying an additional 719,245 shares during the period. Ameriprise Financial Inc. grew its position in iShares Exponential Technologies ETF by 143.6% during the second quarter. Ameriprise Financial Inc. now owns 641,593 shares of the company’s stock valued at $41,912,000 after buying an additional 378,264 shares during the period. Jane Street Group LLC grew its position in iShares Exponential Technologies ETF by 946.8% during the first quarter. Jane Street Group LLC now owns 160,177 shares of the company’s stock valued at $9,220,000 after buying an additional 144,876 shares during the period. Savvy Advisors Inc. acquired a new stake in iShares Exponential Technologies ETF during the fourth quarter valued at $6,411,000. Finally, RFG Advisory LLC grew its position in iShares Exponential Technologies ETF by 2,492.6% during the third quarter. RFG Advisory LLC now owns 80,942 shares of the company’s stock valued at $5,823,000 after buying an additional 77,820 shares during the period.

iShares Exponential Technologies ETF Stock Performance

XT stock opened at $80.30 on Thursday. The firm has a market cap of $4.05 billion, a PE ratio of 26.41 and a beta of 1.12. The firm’s fifty day moving average is $72.07 and its 200 day moving average is $72.44. iShares Exponential Technologies ETF has a one year low of $60.37 and a one year high of $80.37.

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. XT was launched on Mar 19, 2015 and is managed by BlackRock.