Mirae Asset Global Investments Co. Ltd. Sells 78,300 Shares of iShares Exponential Technologies ETF (NASDAQ:XT)

Mirae Asset Global Investments Co. Ltd. lowered its stake in iShares Exponential Technologies ETF (NASDAQ:XT) by 88.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 10,020 shares of the company’s stock after selling 78,300 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares Exponential Technologies ETF were worth $608,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Finley Financial LLC purchased a new stake in shares of iShares Exponential Technologies ETF during the fourth quarter valued at approximately $30,000. First Horizon Advisors Inc. lifted its holdings in iShares Exponential Technologies ETF by 7,907.7% during the third quarter. First Horizon Advisors Inc. now owns 1,041 shares of the company’s stock valued at $63,000 after purchasing an additional 1,028 shares in the last quarter. West Oak Capital LLC boosted its holdings in iShares Exponential Technologies ETF by 260.3% in the 4th quarter. West Oak Capital LLC now owns 1,081 shares of the company’s stock worth $64,000 after buying an additional 781 shares during the period. Financial Life Planners purchased a new stake in shares of iShares Exponential Technologies ETF during the fourth quarter worth about $164,000. Finally, Crews Bank & Trust bought a new position in shares of iShares Exponential Technologies ETF during the fourth quarter worth $202,000.

iShares Exponential Technologies ETF Stock Performance

XT stock opened at $62.82 on Thursday. iShares Exponential Technologies ETF has a fifty-two week low of $53.00 and a fifty-two week high of $63.37. The firm has a fifty day moving average price of $61.32 and a 200 day moving average price of $60.12. The firm has a market cap of $3.31 billion, a PE ratio of 23.27 and a beta of 1.02.

iShares Exponential Technologies ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 3rd. Shareholders of record on Monday, December 30th were given a $0.0094 dividend. The ex-dividend date of this dividend was Monday, December 30th.

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.