iShares Exponential Technologies ETF (NASDAQ:XT) Shares Sold by Wells Fargo & Company MN

Wells Fargo & Company MN lessened its stake in iShares Exponential Technologies ETF (NASDAQ:XT) by 55.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 73,014 shares of the company’s stock after selling 91,223 shares during the quarter. Wells Fargo & Company MN’s holdings in iShares Exponential Technologies ETF were worth $4,356,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of XT. Uniting Wealth Partners LLC purchased a new stake in shares of iShares Exponential Technologies ETF during the fourth quarter worth approximately $653,000. World Investment Advisors purchased a new stake in iShares Exponential Technologies ETF in the fourth quarter valued at approximately $415,000. Cannon Advisors Inc. lifted its stake in iShares Exponential Technologies ETF by 7.0% during the 4th quarter. Cannon Advisors Inc. now owns 7,925 shares of the company’s stock worth $473,000 after acquiring an additional 521 shares in the last quarter. OLD Mission Capital LLC purchased a new position in shares of iShares Exponential Technologies ETF in the fourth quarter valued at approximately $4,872,000. Finally, O Shaughnessy Asset Management LLC boosted its position in iShares Exponential Technologies ETF by 37.4% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 7,574 shares of the company’s stock valued at $452,000 after buying an additional 2,063 shares during the period.

iShares Exponential Technologies ETF Stock Down 1.4 %

Shares of NASDAQ:XT opened at $53.60 on Tuesday. The stock has a market cap of $2.82 billion, a price-to-earnings ratio of 23.47 and a beta of 1.08. The firm’s 50 day moving average price is $58.53 and its 200 day moving average price is $60.14. iShares Exponential Technologies ETF has a fifty-two week low of $49.01 and a fifty-two week high of $64.26.

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.