Wells Fargo & Company MN Cuts Position in iShares Exponential Technologies ETF (NASDAQ:XT)

Wells Fargo & Company MN lowered its stake in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 55.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,014 shares of the company’s stock after selling 91,223 shares during the quarter. Wells Fargo & Company MN owned about 0.14% of iShares Exponential Technologies ETF worth $4,356,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Finley Financial LLC purchased a new position in iShares Exponential Technologies ETF during the 4th quarter worth $30,000. Compass Planning Associates Inc acquired a new position in shares of iShares Exponential Technologies ETF during the fourth quarter valued at about $49,000. West Oak Capital LLC raised its position in shares of 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 valued at $64,000 after purchasing an additional 781 shares during the last quarter. Howe & Rusling Inc. acquired a new stake in iShares Exponential Technologies ETF in the 4th quarter worth approximately $64,000. Finally, Allworth Financial LP grew its position in iShares Exponential Technologies ETF by 62.7% during the 4th quarter. Allworth Financial LP now owns 1,878 shares of the company’s stock worth $117,000 after purchasing an additional 724 shares during the last quarter.

iShares Exponential Technologies ETF Trading Down 1.4 %

NASDAQ XT opened at $53.60 on Tuesday. The stock has a market cap of $2.82 billion, a P/E ratio of 23.47 and a beta of 1.08. iShares Exponential Technologies ETF has a 12-month low of $49.01 and a 12-month high of $64.26. The company has a fifty day simple moving average of $58.53 and a two-hundred day simple moving average of $60.14.

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.