Brookstone Capital Management Increases Holdings in iShares Exponential Technologies ETF $XT

Brookstone Capital Management lifted its holdings in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 6.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 106,103 shares of the company’s stock after purchasing an additional 6,276 shares during the period. Brookstone Capital Management owned about 0.21% of iShares Exponential Technologies ETF worth $7,231,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Concurrent Investment Advisors LLC bought a new stake in iShares Exponential Technologies ETF in the fourth quarter worth about $726,000. Savvy Advisors Inc. bought a new position in shares of iShares Exponential Technologies ETF during the 4th quarter valued at approximately $6,411,000. Integrity Alliance LLC. purchased a new stake in shares of iShares Exponential Technologies ETF during the 4th quarter worth approximately $453,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Exponential Technologies ETF by 5,379.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,257,785 shares of the company’s stock worth $87,718,000 after purchasing an additional 1,234,832 shares during the last quarter. Finally, New England Private Wealth Advisors LLC raised its holdings in shares of iShares Exponential Technologies ETF by 5.5% in the 4th quarter. New England Private Wealth Advisors LLC now owns 211,305 shares of the company’s stock worth $14,736,000 after purchasing an additional 10,970 shares during the period.

iShares Exponential Technologies ETF Trading Down 2.8%

iShares Exponential Technologies ETF stock opened at $80.35 on Wednesday. iShares Exponential Technologies ETF has a 12 month low of $63.79 and a 12 month high of $84.23. The business’s 50 day simple moving average is $79.14 and its 200 day simple moving average is $73.97. The company has a market cap of $4.05 billion, a price-to-earnings ratio of 26.41 and a beta of 1.13.

iShares Exponential Technologies ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a $0.3581 dividend. The ex-dividend date was Monday, June 15th.

iShares Exponential Technologies ETF Profile

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.