Commonwealth Equity Services LLC Has $14.80 Million Position in iShares Exponential Technologies ETF (NASDAQ:XT)

Commonwealth Equity Services LLC decreased its holdings in iShares Exponential Technologies ETF (NASDAQ:XT) by 12.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 248,068 shares of the company’s stock after selling 33,858 shares during the period. Commonwealth Equity Services LLC’s holdings in iShares Exponential Technologies ETF were worth $14,800,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. EQ LLC increased its stake in iShares Exponential Technologies ETF by 3.4% in the third quarter. EQ LLC now owns 4,921 shares of the company’s stock valued at $300,000 after acquiring an additional 164 shares during the period. Pallas Capital Advisors LLC boosted its holdings in iShares Exponential Technologies ETF by 1.6% during the fourth quarter. Pallas Capital Advisors LLC now owns 21,006 shares of the company’s stock valued at $1,253,000 after purchasing an additional 324 shares in the last quarter. Finley Financial LLC bought a new stake in shares of iShares Exponential Technologies ETF in the 4th quarter valued at approximately $30,000. Janney Montgomery Scott LLC raised its holdings in shares of iShares Exponential Technologies ETF by 7.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 8,707 shares of the company’s stock worth $519,000 after buying an additional 601 shares in the last quarter. Finally, Foresight Capital Management Advisors Inc. lifted its position in shares of iShares Exponential Technologies ETF by 12.4% during the 4th quarter. Foresight Capital Management Advisors Inc. now owns 5,646 shares of the company’s stock worth $337,000 after buying an additional 624 shares during the period.

iShares Exponential Technologies ETF Price Performance

Shares of XT stock opened at $60.76 on Tuesday. The stock’s fifty day simple moving average is $61.52 and its 200 day simple moving average is $60.73. iShares Exponential Technologies ETF has a one year low of $53.00 and a one year high of $64.26. The firm has a market cap of $3.12 billion, a price-to-earnings ratio of 26.07 and a beta of 1.07.

iShares Exponential Technologies ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 3rd. Investors of record on Monday, December 30th were given a dividend of $0.0094 per share. The ex-dividend date was Monday, December 30th.

About iShares Exponential Technologies ETF

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.