Janney Montgomery Scott LLC Cuts Holdings in iShares Exponential Technologies ETF $XT

Janney Montgomery Scott LLC decreased its position in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 37.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,478 shares of the company’s stock after selling 3,229 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares Exponential Technologies ETF were worth $357,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in XT. Jones Financial Companies Lllp lifted its holdings in shares of iShares Exponential Technologies ETF by 10,895.4% in the 1st quarter. Jones Financial Companies Lllp now owns 4,447,205 shares of the company’s stock valued at $271,947,000 after acquiring an additional 4,406,759 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of iShares Exponential Technologies ETF by 946.8% in the 1st quarter. Jane Street Group LLC now owns 160,177 shares of the company’s stock valued at $9,220,000 after acquiring an additional 144,876 shares during the last quarter. Arkadios Wealth Advisors bought a new position in shares of iShares Exponential Technologies ETF in the 1st quarter valued at about $4,650,000. Crossmark Global Holdings Inc. bought a new position in shares of iShares Exponential Technologies ETF in the 1st quarter valued at about $2,655,000. Finally, LPL Financial LLC lifted its holdings in shares of iShares Exponential Technologies ETF by 5.0% in the 1st quarter. LPL Financial LLC now owns 727,590 shares of the company’s stock valued at $41,880,000 after acquiring an additional 34,718 shares during the last quarter.

iShares Exponential Technologies ETF Trading Up 0.1%

Shares of NASDAQ:XT opened at $72.97 on Friday. iShares Exponential Technologies ETF has a 12 month low of $49.01 and a 12 month high of $74.46. The company has a 50-day moving average price of $69.98 and a 200 day moving average price of $64.47. The company has a market cap of $3.68 billion, a price-to-earnings ratio of 26.41 and a beta of 1.02.

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.