Arkadios Wealth Advisors Takes Position in iShares Exponential Technologies ETF (NASDAQ:XT)

Arkadios Wealth Advisors acquired a new stake in iShares Exponential Technologies ETF (NASDAQ:XT) in the first quarter, Holdings Channel.com reports. The firm acquired 80,782 shares of the company’s stock, valued at approximately $4,650,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. LPL Financial LLC increased its position in shares of iShares Exponential Technologies ETF by 5.0% during the first quarter. LPL Financial LLC now owns 727,590 shares of the company’s stock worth $41,880,000 after purchasing an additional 34,718 shares in the last quarter. Baird Financial Group Inc. increased its position in shares of iShares Exponential Technologies ETF by 334.4% during 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. Raymond James Financial Inc. purchased a new stake in shares of iShares Exponential Technologies ETF during the fourth quarter worth approximately $14,080,000. Dynamic Advisor Solutions LLC boosted its stake in iShares Exponential Technologies ETF by 6.2% during the first quarter. Dynamic Advisor Solutions LLC now owns 172,153 shares of the company’s stock worth $9,909,000 after buying an additional 9,996 shares during the last quarter. Finally, Mariner LLC boosted its stake in iShares Exponential Technologies ETF by 1.2% during the fourth quarter. Mariner LLC now owns 166,055 shares of the company’s stock worth $9,907,000 after buying an additional 1,979 shares during the last quarter.

iShares Exponential Technologies ETF Stock Performance

NASDAQ XT opened at $66.69 on Thursday. The stock’s fifty day moving average is $64.41 and its two-hundred day moving average is $61.18. The firm has a market capitalization of $3.46 billion, a P/E ratio of 26.41 and a beta of 1.02. iShares Exponential Technologies ETF has a fifty-two week low of $49.01 and a fifty-two week high of $67.66.

iShares Exponential Technologies ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, June 20th. Stockholders of record on Monday, June 16th were paid 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 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.