MAI Capital Management Decreases Stake in iShares Exponential Technologies ETF (NASDAQ:XT)

MAI Capital Management cut its stake in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 50.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 18,508 shares of the company’s stock after selling 18,746 shares during the quarter. MAI Capital Management’s holdings in iShares Exponential Technologies ETF were worth $1,127,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in XT. O Shaughnessy Asset Management LLC boosted its position in shares of iShares Exponential Technologies ETF by 24.9% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 5,511 shares of the company’s stock worth $329,000 after buying an additional 1,098 shares in the last quarter. SVB Wealth LLC grew its holdings in iShares Exponential Technologies ETF by 78.7% during the 1st quarter. SVB Wealth LLC now owns 37,595 shares of the company’s stock valued at $2,241,000 after buying an additional 16,556 shares during the last quarter. Sweeney & Michel LLC acquired a new position in shares of iShares Exponential Technologies ETF in the first quarter worth $2,139,000. Cetera Advisors LLC raised its holdings in shares of iShares Exponential Technologies ETF by 7.6% in the first quarter. Cetera Advisors LLC now owns 3,856 shares of the company’s stock worth $230,000 after acquiring an additional 273 shares during the last quarter. Finally, Abich Financial Wealth Management LLC raised its stake in iShares Exponential Technologies ETF by 1,943.7% in the 1st quarter. Abich Financial Wealth Management LLC now owns 7,480 shares of the company’s stock valued at $446,000 after purchasing an additional 7,114 shares during the last quarter.

iShares Exponential Technologies ETF Price Performance

Shares of NASDAQ XT opened at $60.40 on Friday. The company has a 50-day simple moving average of $60.15 and a 200-day simple moving average of $59.17. The company has a market cap of $3.47 billion, a PE ratio of 23.27 and a beta of 1.02. iShares Exponential Technologies ETF has a 12 month low of $53.00 and a 12 month high of $61.87.

iShares Exponential Technologies ETF 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.