SVB Wealth LLC Acquires New Stake in iShares Exponential Technologies ETF (NASDAQ:XT)

SVB Wealth LLC acquired a new stake in iShares Exponential Technologies ETF (NASDAQ:XT) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 30,610 shares of the company’s stock, valued at approximately $1,826,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Strategic Financial Concepts LLC purchased a new stake in shares of iShares Exponential Technologies ETF during the 4th quarter worth $7,110,000. Jane Street Group LLC boosted its position in shares of iShares Exponential Technologies ETF by 639.8% during the 3rd quarter. Jane Street Group LLC now owns 98,986 shares of the company’s stock worth $6,026,000 after purchasing an additional 85,606 shares in the last quarter. Wharton Business Group LLC boosted its position in shares of iShares Exponential Technologies ETF by 137.4% during the 3rd quarter. Wharton Business Group LLC now owns 64,740 shares of the company’s stock worth $3,941,000 after purchasing an additional 37,470 shares in the last quarter. Wealthcare Capital Partners LLC purchased a new stake in shares of iShares Exponential Technologies ETF during the 4th quarter worth $2,017,000. Finally, Stratos Investment Management LLC boosted its position in shares of iShares Exponential Technologies ETF by 16.2% during the 4th quarter. Stratos Investment Management LLC now owns 212,963 shares of the company’s stock worth $12,705,000 after purchasing an additional 29,745 shares in the last quarter.

iShares Exponential Technologies ETF Stock Performance

Shares of NASDAQ XT opened at $61.20 on Monday. iShares Exponential Technologies ETF has a one year low of $53.00 and a one year high of $64.26. The company’s fifty day moving average is $61.62 and its two-hundred day moving average is $60.68. The firm has a market capitalization of $3.23 billion, a P/E ratio of 28.27 and a beta of 1.02.

iShares Exponential Technologies ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 3rd. Investors of record on Monday, December 30th were given a $0.0094 dividend. The ex-dividend date was Monday, December 30th.

iShares Exponential Technologies ETF 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.