VERITY Wealth Advisors Sells 7,479 Shares of iShares Exponential Technologies ETF $XT

VERITY Wealth Advisors lowered its stake in iShares Exponential Technologies ETF (NASDAQ:XT) by 63.5% in the third quarter, HoldingsChannel.com reports. The firm owned 4,301 shares of the company’s stock after selling 7,479 shares during the quarter. VERITY Wealth Advisors’ holdings in iShares Exponential Technologies ETF were worth $309,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its position in shares of iShares Exponential Technologies ETF by 6.4% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 20,126 shares of the company’s stock worth $1,158,000 after acquiring an additional 1,219 shares during the last quarter. Jane Street Group LLC increased its position in iShares Exponential Technologies ETF by 946.8% in the first quarter. Jane Street Group LLC now owns 160,177 shares of the company’s stock worth $9,220,000 after purchasing an additional 144,876 shares during the period. Baird Financial Group Inc. raised its holdings in iShares Exponential Technologies ETF by 2.7% during the 1st quarter. Baird Financial Group Inc. now owns 270,134 shares of the company’s stock worth $15,549,000 after purchasing an additional 7,210 shares during the last quarter. Talon Private Wealth LLC acquired a new position in iShares Exponential Technologies ETF during the 1st quarter valued at about $221,000. Finally, Jones Financial Companies Lllp lifted its position in iShares Exponential Technologies ETF by 10,895.4% during the 1st quarter. Jones Financial Companies Lllp now owns 4,447,205 shares of the company’s stock valued at $271,947,000 after purchasing an additional 4,406,759 shares during the period.

iShares Exponential Technologies ETF Price Performance

XT opened at $70.80 on Monday. The firm has a 50 day simple moving average of $73.40 and a 200 day simple moving average of $69.84. iShares Exponential Technologies ETF has a fifty-two week low of $49.01 and a fifty-two week high of $76.29. The company has a market cap of $3.52 billion, a price-to-earnings ratio of 26.41 and a beta of 1.10.

iShares Exponential Technologies ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a $5.3322 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend yield of 1,542.0%.

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. XT was launched on Mar 19, 2015 and is managed by BlackRock.