Allworth Financial LP Lowers Position in iShares Exponential Technologies ETF (NASDAQ:XT)

Allworth Financial LP lessened its holdings in iShares Exponential Technologies ETF (NASDAQ:XT) by 24.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,423 shares of the company’s stock after selling 455 shares during the quarter. Allworth Financial LP’s holdings in iShares Exponential Technologies ETF were worth $81,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also added to or reduced their stakes in XT. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares Exponential Technologies ETF in the 1st quarter worth approximately $33,000. Tsfg LLC boosted its stake in shares of iShares Exponential Technologies ETF by 33,600.0% in the 1st quarter. Tsfg LLC now owns 674 shares of the company’s stock valued at $39,000 after purchasing an additional 672 shares in the last quarter. Park Square Financial Group LLC bought a new position in shares of iShares Exponential Technologies ETF in the fourth quarter worth approximately $42,000. Arlington Trust Co LLC bought a new stake in iShares Exponential Technologies ETF in the 1st quarter worth $58,000. Finally, CoreCap Advisors LLC raised its position in iShares Exponential Technologies ETF by 41.7% during the 4th quarter. CoreCap Advisors LLC now owns 1,009 shares of the company’s stock valued at $60,000 after purchasing an additional 297 shares during the last quarter.

iShares Exponential Technologies ETF Stock Performance

XT opened at $66.31 on Friday. The stock has a market capitalization of $3.45 billion, a P/E ratio of 26.41 and a beta of 1.02. The company’s 50-day simple moving average is $63.38 and its two-hundred day simple moving average is $60.75. iShares Exponential Technologies ETF has a 52-week low of $49.01 and a 52-week high of $66.50.

iShares Exponential Technologies ETF Increases Dividend

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

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.