Mirae Asset Global Investments Co. Ltd. Buys 18,000 Shares of iShares Exponential Technologies ETF (NASDAQ:XT)

Mirae Asset Global Investments Co. Ltd. raised its stake in iShares Exponential Technologies ETF (NASDAQ:XT) by 179.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 28,020 shares of the company’s stock after buying an additional 18,000 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares Exponential Technologies ETF were worth $1,623,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of XT. Financial Engines Advisors L.L.C. lifted its position in shares of iShares Exponential Technologies ETF by 1.3% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 34,675,164 shares of the company’s stock worth $2,068,720,000 after purchasing an additional 451,288 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of iShares Exponential Technologies ETF in the fourth quarter worth $14,080,000. Baird Financial Group Inc. lifted its position in shares of iShares Exponential Technologies ETF by 334.4% in the fourth quarter. Baird Financial Group Inc. now owns 262,924 shares of the company’s stock worth $15,686,000 after purchasing an additional 202,395 shares in the last quarter. OLD Mission Capital LLC bought a new stake in shares of iShares Exponential Technologies ETF in the fourth quarter worth $4,872,000. Finally, Brooklyn FI LLC bought a new stake in shares of iShares Exponential Technologies ETF in the fourth quarter worth $4,385,000.

iShares Exponential Technologies ETF Stock Up 1.2%

Shares of XT stock opened at $66.36 on Friday. The company’s fifty day simple moving average is $62.04 and its 200-day simple moving average is $60.42. The firm has a market cap of $3.49 billion, a PE ratio of 26.41 and a beta of 1.02. iShares Exponential Technologies ETF has a 12 month low of $49.01 and a 12 month high of $66.50.

iShares Exponential Technologies ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, June 20th. Stockholders of record on Monday, June 16th were given a $0.209 dividend. The ex-dividend date of this dividend was Monday, June 16th. This is a positive change from iShares Exponential Technologies ETF’s previous dividend of $0.01.

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.