UBS Group AG Sells 18,309 Shares of iShares Exponential Technologies ETF (NASDAQ:XT)

UBS Group AG lessened its stake in iShares Exponential Technologies ETF (NASDAQ:XT – Get Rating) by 11.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 148,161 shares of the company’s stock after selling 18,309 shares during the quarter. UBS Group AG owned about 0.24% of iShares Exponential Technologies ETF worth $7,014,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Richard W. Paul & Associates LLC acquired a new position in iShares Exponential Technologies ETF in the fourth quarter valued at about $45,000. Commonwealth Equity Services LLC boosted its position 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 worth $18,711,000 after buying an additional 20,338 shares during the period. Cambridge Investment Research Advisors Inc. boosted its position in shares of iShares Exponential Technologies ETF by 13.5% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 38,528 shares of the company’s stock worth $1,824,000 after buying an additional 4,585 shares during the period. VERITY Wealth Advisors boosted its position in shares of iShares Exponential Technologies ETF by 22.0% during the fourth quarter. VERITY Wealth Advisors now owns 5,505 shares of the company’s stock worth $261,000 after buying an additional 992 shares during the period. Finally, Essex Private Wealth Management LLC boosted its position in shares of iShares Exponential Technologies ETF by 1.5% during the third quarter. Essex Private Wealth Management LLC now owns 31,216 shares of the company’s stock worth $1,391,000 after buying an additional 474 shares during the period.

iShares Exponential Technologies ETF Price Performance

XT stock opened at $52.19 on Friday. The stock has a market capitalization of $3.16 billion, a P/E ratio of 19.92 and a beta of 1.02. The business has a 50-day moving average of $51.22 and a 200-day moving average of $51.30. iShares Exponential Technologies ETF has a fifty-two week low of $42.63 and a fifty-two week high of $56.14.

iShares Exponential Technologies ETF Profile

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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.