Essex Financial Services Inc. Trims Stock Position in iShares Exponential Technologies ETF (NASDAQ:XT)

Essex Financial Services Inc. decreased its stake in iShares Exponential Technologies ETF (NASDAQ:XT) by 6.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,816 shares of the company’s stock after selling 579 shares during the quarter. Essex Financial Services Inc.’s holdings in iShares Exponential Technologies ETF were worth $466,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sanctuary Advisors LLC purchased a new position in iShares Exponential Technologies ETF in the second quarter valued at $349,000. CWM LLC grew its position in shares of iShares Exponential Technologies ETF by 1.3% during the 3rd quarter. CWM LLC now owns 24,815 shares of the company’s stock valued at $1,511,000 after acquiring an additional 316 shares during the period. Stratos Wealth Advisors LLC increased its stake in shares of iShares Exponential Technologies ETF by 37.9% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 205,810 shares of the company’s stock valued at $12,530,000 after purchasing an additional 56,514 shares in the last quarter. Stratos Investment Management LLC boosted its position in iShares Exponential Technologies ETF by 18.8% during the third quarter. Stratos Investment Management LLC now owns 183,218 shares of the company’s stock worth $11,154,000 after purchasing an additional 29,058 shares in the last quarter. Finally, Alpha Financial Advisors LLC grew its holdings in iShares Exponential Technologies ETF by 1.2% in the third quarter. Alpha Financial Advisors LLC now owns 371,483 shares of the company’s stock valued at $22,616,000 after purchasing an additional 4,289 shares during the period.

iShares Exponential Technologies ETF Price Performance

iShares Exponential Technologies ETF stock opened at $62.82 on Thursday. The stock has a market capitalization of $3.31 billion, a PE ratio of 23.27 and a beta of 1.02. The business has a 50 day simple moving average of $61.32 and a 200-day simple moving average of $60.12. iShares Exponential Technologies ETF has a 12 month low of $53.00 and a 12 month high of $63.37.

iShares Exponential Technologies ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 3rd. Shareholders of record on Monday, December 30th were given a dividend of $0.0094 per share. The ex-dividend date of this dividend was Monday, December 30th.

iShares Exponential Technologies ETF Company 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.