Dynamic Advisor Solutions LLC Sells 133,496 Shares of iShares Exponential Technologies ETF $XT

Dynamic Advisor Solutions LLC lowered its position in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 76.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,350 shares of the company’s stock after selling 133,496 shares during the quarter. Dynamic Advisor Solutions LLC owned approximately 0.08% of iShares Exponential Technologies ETF worth $2,884,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Horizon Investments LLC bought a new stake in iShares Exponential Technologies ETF during the third quarter worth about $33,000. CoreCap Advisors LLC raised its stake in shares of iShares Exponential Technologies ETF by 64.0% in the third quarter. CoreCap Advisors LLC now owns 751 shares of the company’s stock valued at $54,000 after acquiring an additional 293 shares during the last quarter. Kilter Group LLC bought a new position in shares of iShares Exponential Technologies ETF in the second quarter valued at approximately $51,000. IFP Advisors Inc boosted its holdings in shares of iShares Exponential Technologies ETF by 25.1% in the 3rd quarter. IFP Advisors Inc now owns 953 shares of the company’s stock worth $68,000 after acquiring an additional 191 shares in the last quarter. Finally, Russell Investments Group Ltd. acquired a new position in shares of iShares Exponential Technologies ETF in the 3rd quarter worth approximately $83,000.

iShares Exponential Technologies ETF Price Performance

NASDAQ XT opened at $68.20 on Tuesday. The stock’s 50 day simple moving average is $71.44 and its 200 day simple moving average is $72.15. iShares Exponential Technologies ETF has a one year low of $49.01 and a one year high of $76.29. The firm has a market cap of $3.50 billion, a PE ratio of 26.41 and a beta of 1.10.

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. XT was launched on Mar 19, 2015 and is managed by BlackRock.