Great Valley Advisor Group Inc. Purchases 1,112 Shares of iShares Exponential Technologies ETF (NASDAQ:XT)

Great Valley Advisor Group Inc. grew its position in iShares Exponential Technologies ETF (NASDAQ:XT) by 24.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 5,732 shares of the company’s stock after buying an additional 1,112 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in iShares Exponential Technologies ETF were worth $343,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. LPL Financial LLC raised its holdings in iShares Exponential Technologies ETF by 40.7% during the third quarter. LPL Financial LLC now owns 677,088 shares of the company’s stock worth $35,351,000 after acquiring an additional 196,003 shares in the last quarter. Foresight Capital Management Advisors Inc. acquired a new position in iShares Exponential Technologies ETF during the fourth quarter worth $2,213,000. Raymond James Financial Services Advisors Inc. raised its position in iShares Exponential Technologies ETF by 17.2% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 163,659 shares of the company’s stock worth $9,798,000 after acquiring an additional 23,967 shares in the last quarter. Stratos Wealth Advisors LLC lifted its stake in iShares Exponential Technologies ETF by 17.4% in the fourth quarter. Stratos Wealth Advisors LLC now owns 140,897 shares of the company’s stock valued at $8,436,000 after acquiring an additional 20,909 shares during the last quarter. Finally, Advisor Resource Council bought a new position in shares of iShares Exponential Technologies ETF in the 4th quarter valued at about $1,059,000.

iShares Exponential Technologies ETF Stock Performance

Shares of XT stock opened at $57.38 on Monday. iShares Exponential Technologies ETF has a 52-week low of $48.10 and a 52-week high of $61.47. The stock has a market cap of $3.33 billion, a price-to-earnings ratio of 23.27 and a beta of 1.02. The firm’s 50-day moving average is $58.39 and its 200-day moving average is $56.90.

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.