Atlas Private Wealth Advisors Cuts Stake in iShares Exponential Technologies ETF $XT

Atlas Private Wealth Advisors cut its holdings in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 24.6% during the 3rd quarter, HoldingsChannel reports. The fund owned 35,299 shares of the company’s stock after selling 11,545 shares during the quarter. Atlas Private Wealth Advisors’ holdings in iShares Exponential Technologies ETF were worth $2,539,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Crewe Advisors LLC bought a new position in shares of iShares Exponential Technologies ETF during the 2nd quarter valued at $25,000. CoreCap Advisors LLC boosted its position in iShares Exponential Technologies ETF by 64.0% during the third quarter. CoreCap Advisors LLC now owns 751 shares of the company’s stock valued at $54,000 after buying an additional 293 shares during the period. Kilter Group LLC bought a new position in shares of iShares Exponential Technologies ETF during the second quarter valued at about $51,000. Howe & Rusling Inc. purchased a new position in shares of iShares Exponential Technologies ETF in the second quarter worth about $75,000. Finally, Strategic Wealth Investment Group LLC bought a new stake in shares of iShares Exponential Technologies ETF in the 2nd quarter valued at about $135,000.

iShares Exponential Technologies ETF Price Performance

Shares of XT stock opened at $72.38 on Friday. The business has a 50-day moving average of $72.30 and a 200 day moving average of $71.00. iShares Exponential Technologies ETF has a 1-year low of $49.01 and a 1-year high of $76.29. The stock has a market capitalization of $3.72 billion, a PE ratio of 26.41 and a beta of 1.10.

iShares Exponential Technologies ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were issued a dividend of $5.3322 per share. This represents a yield of 1,542.0%. The ex-dividend date was Tuesday, December 16th.

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