Raymond James & Associates Sells 80,988 Shares of iShares Exponential Technologies ETF (NASDAQ:XT)

Raymond James & Associates cut its position in shares of iShares Exponential Technologies ETF (NASDAQ:XT – Get Rating) by 37.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 137,546 shares of the company’s stock after selling 80,988 shares during the quarter. Raymond James & Associates’ holdings in iShares Exponential Technologies ETF were worth $6,511,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Jane Street Group LLC boosted its holdings in iShares Exponential Technologies ETF by 519.2% in the second quarter. Jane Street Group LLC now owns 804,518 shares of the company’s stock worth $38,561,000 after acquiring an additional 674,580 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of iShares Exponential Technologies ETF by 33.8% during the fourth quarter. LPL Financial LLC now owns 493,120 shares of the company’s stock valued at $23,344,000 after purchasing an additional 124,627 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of iShares Exponential Technologies ETF by 5.1% during the third quarter. Commonwealth Equity Services LLC now owns 419,811 shares of the company’s stock valued at $18,711,000 after purchasing an additional 20,338 shares in the last quarter. Bank of Montreal Can lifted its holdings in shares of iShares Exponential Technologies ETF by 30.7% during the third quarter. Bank of Montreal Can now owns 277,918 shares of the company’s stock valued at $13,724,000 after purchasing an additional 65,223 shares in the last quarter. Finally, Concord Wealth Partners lifted its holdings in shares of iShares Exponential Technologies ETF by 11.5% during the fourth quarter. Concord Wealth Partners now owns 230,797 shares of the company’s stock valued at $10,926,000 after purchasing an additional 23,804 shares in the last quarter.

iShares Exponential Technologies ETF Price Performance

Shares of NASDAQ:XT opened at $52.46 on Monday. The company has a market cap of $3.17 billion, a P/E ratio of 19.92 and a beta of 1.02. iShares Exponential Technologies ETF has a 1 year low of $42.63 and a 1 year high of $56.14. The stock’s fifty day moving average price is $51.34 and its 200-day moving average price is $51.61.

About iShares Exponential Technologies ETF

(Get Rating)

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.