Janney Montgomery Scott LLC Purchases New Position in iShares Exponential Technologies ETF $XT

Janney Montgomery Scott LLC purchased a new stake in iShares Exponential Technologies ETF (NASDAQ:XT) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,115 shares of the company’s stock, valued at approximately $588,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in XT. Sanctuary Advisors LLC boosted its holdings in shares of iShares Exponential Technologies ETF by 2.9% in the 1st quarter. Sanctuary Advisors LLC now owns 4,967 shares of the company’s stock valued at $338,000 after buying an additional 138 shares in the last quarter. Rockefeller Capital Management L.P. raised its stake in iShares Exponential Technologies ETF by 3.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 3,997 shares of the company’s stock worth $279,000 after acquiring an additional 144 shares in the last quarter. HighTower Advisors LLC boosted its stake in iShares Exponential Technologies ETF by 1.1% in the fourth quarter. HighTower Advisors LLC now owns 17,593 shares of the company’s stock valued at $1,227,000 after acquiring an additional 200 shares in the last quarter. Strategic Blueprint LLC boosted its stake in iShares Exponential Technologies ETF by 3.7% in the fourth quarter. Strategic Blueprint LLC now owns 6,326 shares of the company’s stock valued at $441,000 after acquiring an additional 227 shares in the last quarter. Finally, Arax Advisory Partners boosted its stake in iShares Exponential Technologies ETF by 12.0% in the fourth quarter. Arax Advisory Partners now owns 2,148 shares of the company’s stock valued at $150,000 after acquiring an additional 230 shares in the last quarter.

iShares Exponential Technologies ETF Stock Performance

Shares of XT stock opened at $83.28 on Friday. The stock’s 50-day moving average is $81.21 and its two-hundred day moving average is $76.43. iShares Exponential Technologies ETF has a 1 year low of $65.47 and a 1 year high of $84.23. The firm has a market cap of $3.99 billion, a price-to-earnings ratio of 26.41 and a beta of 1.14.

iShares Exponential Technologies ETF Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a $0.3581 dividend. 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.