iShares Exponential Technologies ETF $XT Stock Acquired by Valmark Advisers Inc.

Valmark Advisers Inc. raised its holdings in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 10.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 80,988 shares of the company’s stock after purchasing an additional 7,504 shares during the period. Valmark Advisers Inc.’s holdings in iShares Exponential Technologies ETF were worth $6,754,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in XT. Susquehanna International Group LLP purchased a new position in shares of iShares Exponential Technologies ETF in the second quarter worth $1,744,000. WNY Asset Management LLC bought a new position in shares of iShares Exponential Technologies ETF during the first quarter valued at $513,000. Wealthcare Advisory Partners LLC lifted its holdings in shares of iShares Exponential Technologies ETF by 3.4% during the second quarter. Wealthcare Advisory Partners LLC now owns 264,664 shares of the company’s stock valued at $21,869,000 after purchasing an additional 8,816 shares in the last quarter. Janney Montgomery Scott LLC bought a new position in shares of iShares Exponential Technologies ETF during the second quarter valued at $588,000. Finally, Arkadios Wealth Advisors boosted its position in shares of iShares Exponential Technologies ETF by 35.8% during the first quarter. Arkadios Wealth Advisors now owns 134,859 shares of the company’s stock valued at $9,191,000 after buying an additional 35,560 shares during the last quarter.

iShares Exponential Technologies ETF Price Performance

Shares of iShares Exponential Technologies ETF stock traded down $0.63 during trading on Friday, hitting $82.33. 48,290 shares of the company’s stock traded hands, compared to its average volume of 95,084. iShares Exponential Technologies ETF has a 1 year low of $65.47 and a 1 year high of $85.85. The stock has a market capitalization of $3.93 billion, a P/E ratio of 30.37 and a beta of 1.16. The business has a 50-day simple moving average of $83.05 and a 200-day simple moving average of $78.52.

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.