Evergreen Capital Management LLC Cuts Position in iShares Exponential Technologies ETF (NASDAQ:XT)

Evergreen Capital Management LLC decreased its position in iShares Exponential Technologies ETF (NASDAQ:XT) by 18.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 51,504 shares of the company’s stock after selling 11,709 shares during the quarter. Evergreen Capital Management LLC owned 0.09% of iShares Exponential Technologies ETF worth $3,030,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Clear Investment Research LLC bought a new position in shares of iShares Exponential Technologies ETF in the 4th quarter valued at about $32,000. YHB Investment Advisors Inc. purchased a new stake in iShares Exponential Technologies ETF during the first quarter valued at approximately $39,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of iShares Exponential Technologies ETF in the 2nd quarter valued at approximately $104,000. ICA Group Wealth Management LLC purchased a new position in shares of iShares Exponential Technologies ETF in the 4th quarter worth approximately $191,000. Finally, Graypoint LLC bought a new position in shares of iShares Exponential Technologies ETF during the 2nd quarter valued at approximately $220,000.

iShares Exponential Technologies ETF Stock Performance

NASDAQ:XT opened at $59.33 on Tuesday. The stock’s fifty day moving average is $58.31 and its 200 day moving average is $58.49. The firm has a market capitalization of $3.42 billion, a PE ratio of 23.27 and a beta of 1.02. iShares Exponential Technologies ETF has a fifty-two week low of $48.10 and a fifty-two week high of $61.60.

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.