Lido Advisors LLC Cuts Stake in iShares Exponential Technologies ETF $XT

Lido Advisors LLC lowered its holdings in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 77.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 7,257 shares of the company’s stock after selling 25,394 shares during the period. Lido Advisors LLC’s holdings in iShares Exponential Technologies ETF were worth $495,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in XT. Concurrent Investment Advisors LLC purchased a new stake in iShares Exponential Technologies ETF in the 4th quarter valued at $726,000. Savvy Advisors Inc. purchased a new position in iShares Exponential Technologies ETF during the 4th quarter worth $6,411,000. Integrity Alliance LLC. purchased a new position in iShares Exponential Technologies ETF during the 4th quarter worth $453,000. New England Private Wealth Advisors LLC increased its stake in iShares Exponential Technologies ETF by 5.5% in the fourth quarter. New England Private Wealth Advisors LLC now owns 211,305 shares of the company’s stock valued at $14,736,000 after purchasing an additional 10,970 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its stake in iShares Exponential Technologies ETF by 5,379.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,257,785 shares of the company’s stock valued at $87,718,000 after purchasing an additional 1,234,832 shares during the period.

iShares Exponential Technologies ETF Stock Performance

Shares of NASDAQ:XT opened at $79.04 on Friday. iShares Exponential Technologies ETF has a one year low of $64.66 and a one year high of $84.23. The stock has a market capitalization of $3.79 billion, a price-to-earnings ratio of 26.41 and a beta of 1.13. The company has a 50-day simple moving average of $81.30 and a 200-day simple moving average of $75.66.

iShares Exponential Technologies ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a dividend of $0.3581 per share. The ex-dividend date of this dividend was Monday, June 15th.

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.