Sigma Planning Corp Cuts Stock Position in iShares Exponential Technologies ETF (NASDAQ:XT)

Sigma Planning Corp cut its holdings in iShares Exponential Technologies ETF (NASDAQ:XT) by 18.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,739 shares of the company’s stock after selling 837 shares during the quarter. Sigma Planning Corp’s holdings in iShares Exponential Technologies ETF were worth $224,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of XT. LPL Financial LLC boosted its stake in iShares Exponential Technologies ETF by 40.7% during the third quarter. LPL Financial LLC now owns 677,088 shares of the company’s stock worth $35,351,000 after buying an additional 196,003 shares during the period. Foresight Capital Management Advisors Inc. bought a new stake in shares of iShares Exponential Technologies ETF in the fourth quarter valued at about $2,213,000. Fundamentum LLC raised its holdings in shares of iShares Exponential Technologies ETF by 20.1% in the third quarter. Fundamentum LLC now owns 153,294 shares of the company’s stock valued at $8,004,000 after acquiring an additional 25,688 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in shares of iShares Exponential Technologies ETF by 17.2% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 163,659 shares of the company’s stock valued at $9,798,000 after acquiring an additional 23,967 shares in the last quarter. Finally, Stratos Wealth Advisors LLC raised its holdings in shares of iShares Exponential Technologies ETF by 17.4% in the fourth quarter. Stratos Wealth Advisors LLC now owns 140,897 shares of the company’s stock valued at $8,436,000 after acquiring an additional 20,909 shares in the last quarter.

iShares Exponential Technologies ETF Price Performance

XT stock opened at $56.45 on Monday. The business has a 50-day moving average price of $58.58 and a 200 day moving average price of $56.75. The company has a market capitalization of $3.27 billion, a P/E ratio of 23.80 and a beta of 1.02. iShares Exponential Technologies ETF has a 1-year low of $48.10 and a 1-year high of $61.47.

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.