SVB Wealth LLC Sells 32,944 Shares of iShares Exponential Technologies ETF (NASDAQ:XT)

SVB Wealth LLC reduced its position in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 61.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,039 shares of the company’s stock after selling 32,944 shares during the period. SVB Wealth LLC’s holdings in iShares Exponential Technologies ETF were worth $1,260,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. OLD Second National Bank of Aurora bought a new stake in iShares Exponential Technologies ETF in the third quarter valued at approximately $26,000. JPMorgan Chase & Co. boosted its holdings in iShares Exponential Technologies ETF by 298.7% in the fourth quarter. JPMorgan Chase & Co. now owns 606 shares of the company’s stock valued at $29,000 after acquiring an additional 454 shares during the last quarter. Tower Research Capital LLC TRC boosted its holdings in iShares Exponential Technologies ETF by 212.1% in the second quarter. Tower Research Capital LLC TRC now owns 621 shares of the company’s stock valued at $35,000 after acquiring an additional 422 shares during the last quarter. MV Capital Management Inc. bought a new stake in iShares Exponential Technologies ETF in the fourth quarter valued at approximately $40,000. Finally, Steward Partners Investment Advisory LLC boosted its holdings in iShares Exponential Technologies ETF by 114.6% in the first quarter. Steward Partners Investment Advisory LLC now owns 766 shares of the company’s stock valued at $40,000 after acquiring an additional 409 shares during the last quarter.

iShares Exponential Technologies ETF Price Performance

Shares of XT stock opened at $55.21 on Friday. The business’s 50 day simple moving average is $58.96 and its 200 day simple moving average is $56.52. iShares Exponential Technologies ETF has a one year low of $48.10 and a one year high of $61.47. The stock has a market capitalization of $3.20 billion, a PE ratio of 23.80 and a beta of 1.02.

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.