Short Interest in iShares Exponential Technologies ETF (NASDAQ:XT) Decreases By 63.0%

iShares Exponential Technologies ETF (NASDAQ:XT) saw a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 12,400 shares, adeclineof63.0% from the July 15th total of 33,500 shares. Based on an average daily trading volume, of 105,000 shares, the days-to-cover ratio is currently 0.1 days. Currently,0.0% of the company’s shares are short sold. Currently,0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 105,000 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of iShares Exponential Technologies ETF

Hedge funds have recently modified their holdings of the business. Jones Financial Companies Lllp boosted its stake in iShares Exponential Technologies ETF by 10,895.4% in the 1st quarter. Jones Financial Companies Lllp now owns 4,447,205 shares of the company’s stock worth $271,947,000 after purchasing an additional 4,406,759 shares in the last quarter. Orion Porfolio Solutions LLC boosted its stake in iShares Exponential Technologies ETF by 683.4% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 824,495 shares of the company’s stock worth $53,798,000 after purchasing an additional 719,245 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in iShares Exponential Technologies ETF by 143.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 641,593 shares of the company’s stock worth $41,912,000 after purchasing an additional 378,264 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in iShares Exponential Technologies ETF by 856.5% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 268,020 shares of the company’s stock worth $17,488,000 after purchasing an additional 240,000 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in iShares Exponential Technologies ETF in the 4th quarter worth about $14,080,000.

iShares Exponential Technologies ETF Stock Up 0.5%

NASDAQ:XT opened at $66.69 on Friday. The stock has a market cap of $3.45 billion, a P/E ratio of 26.41 and a beta of 1.02. The firm’s fifty day simple moving average is $65.43 and its 200 day simple moving average is $61.57. iShares Exponential Technologies ETF has a twelve month low of $49.01 and a twelve month high of $67.66.

iShares Exponential Technologies ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, June 20th. Stockholders of record on Monday, June 16th were issued a dividend of $0.209 per share. This is a boost from iShares Exponential Technologies ETF’s previous dividend of $0.01. The ex-dividend date was Monday, June 16th.

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.