Abich Financial Wealth Management LLC Lowers Holdings in iShares Exponential Technologies ETF (NASDAQ:XT)

Abich Financial Wealth Management LLC lowered its stake in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 59.2% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 3,051 shares of the company’s stock after selling 4,429 shares during the period. Abich Financial Wealth Management LLC’s holdings in iShares Exponential Technologies ETF were worth $179,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Clear Investment Research LLC purchased a new position in shares of iShares Exponential Technologies ETF during the 4th quarter valued at approximately $32,000. YHB Investment Advisors Inc. purchased a new position in iShares Exponential Technologies ETF in the first quarter valued at $39,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of iShares Exponential Technologies ETF in the second quarter worth about $104,000. ICA Group Wealth Management LLC purchased a new position in shares of iShares Exponential Technologies ETF in the 4th quarter valued at about $191,000. Finally, Graypoint LLC acquired a new position in iShares Exponential Technologies ETF in the 2nd quarter worth about $220,000.

iShares Exponential Technologies ETF Trading Up 1.0 %

Shares of XT opened at $59.91 on Wednesday. The firm has a market cap of $3.46 billion, a P/E ratio of 23.27 and a beta of 1.02. iShares Exponential Technologies ETF has a 12 month low of $48.10 and a 12 month high of $61.60. The stock’s 50 day moving average is $58.28 and its two-hundred day moving average is $58.49.

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.