Sanctuary Advisors LLC Trims Stock Position in iShares Exponential Technologies ETF (NASDAQ:XT)

Sanctuary Advisors LLC reduced its stake in iShares Exponential Technologies ETF (NASDAQ:XT) by 20.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,930 shares of the company’s stock after selling 1,248 shares during the quarter. Sanctuary Advisors LLC’s holdings in iShares Exponential Technologies ETF were worth $300,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Valmark Advisers Inc. lifted its position in shares of iShares Exponential Technologies ETF by 13.9% during the 2nd quarter. Valmark Advisers Inc. now owns 55,833 shares of the company’s stock valued at $3,285,000 after acquiring an additional 6,819 shares during the period. Alpha Financial Advisors LLC raised its holdings in iShares Exponential Technologies ETF by 1.2% during the third quarter. Alpha Financial Advisors LLC now owns 371,483 shares of the company’s stock worth $22,616,000 after purchasing an additional 4,289 shares during the last quarter. Graypoint LLC purchased a new stake in iShares Exponential Technologies ETF during the second quarter worth $220,000. Ashton Thomas Private Wealth LLC acquired a new stake in iShares Exponential Technologies ETF in the second quarter valued at $104,000. Finally, Creative Planning increased its position in shares of iShares Exponential Technologies ETF by 19.2% in the second quarter. Creative Planning now owns 8,453 shares of the company’s stock valued at $497,000 after buying an additional 1,361 shares in the last quarter.

iShares Exponential Technologies ETF Price Performance

Shares of iShares Exponential Technologies ETF stock opened at $60.68 on Friday. iShares Exponential Technologies ETF has a 1 year low of $53.00 and a 1 year high of $63.37. The business has a 50 day moving average price of $60.88 and a 200 day moving average price of $59.69. The company has a market capitalization of $3.49 billion, a P/E ratio of 23.27 and a beta of 1.02.

iShares Exponential Technologies ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.2238 per share. The ex-dividend date was Tuesday, December 17th.

About iShares Exponential Technologies ETF

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.