iShares Exponential Technologies ETF (NASDAQ:XT) Shares Sold by Lunt Capital Management Inc.

Lunt Capital Management Inc. lessened its stake in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 18.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 5,760 shares of the company’s stock after selling 1,270 shares during the period. Lunt Capital Management Inc.’s holdings in iShares Exponential Technologies ETF were worth $345,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of XT. Jane Street Group LLC raised its stake in iShares Exponential Technologies ETF by 519.2% during the 2nd quarter. Jane Street Group LLC now owns 804,518 shares of the company’s stock valued at $38,561,000 after purchasing an additional 674,580 shares during the period. LPL Financial LLC raised its stake in iShares Exponential Technologies ETF by 40.7% during the 3rd quarter. LPL Financial LLC now owns 677,088 shares of the company’s stock valued at $35,351,000 after purchasing an additional 196,003 shares during the period. Wealthcare Advisory Partners LLC raised its stake in iShares Exponential Technologies ETF by 32.3% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 252,927 shares of the company’s stock valued at $13,205,000 after purchasing an additional 61,713 shares during the period. Integrated Wealth Concepts LLC raised its stake in iShares Exponential Technologies ETF by 235.1% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 86,630 shares of the company’s stock valued at $4,817,000 after purchasing an additional 60,776 shares during the period. Finally, Flow Traders U.S. LLC acquired a new position in shares of iShares Exponential Technologies ETF in the first quarter worth $3,580,000.

iShares Exponential Technologies ETF Stock Performance

Shares of NASDAQ XT traded down $0.33 during mid-day trading on Tuesday, reaching $56.06. The company had a trading volume of 44,454 shares, compared to its average volume of 108,399. iShares Exponential Technologies ETF has a twelve month low of $48.10 and a twelve month high of $61.47. The stock has a market capitalization of $3.25 billion, a PE ratio of 23.80 and a beta of 1.02. The stock’s 50 day moving average is $59.10 and its 200-day moving average is $56.51.

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.