Mirae Asset Global Investments Co. Ltd. Cuts Position in iShares Exponential Technologies ETF $XT

Mirae Asset Global Investments Co. Ltd. lowered its position in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 52.8% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 126,420 shares of the company’s stock after selling 141,600 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned about 0.25% of iShares Exponential Technologies ETF worth $9,095,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of XT. Orion Porfolio Solutions LLC grew its stake in iShares Exponential Technologies ETF by 683.4% during the second quarter. Orion Porfolio Solutions LLC now owns 824,495 shares of the company’s stock worth $53,798,000 after buying an additional 719,245 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of iShares Exponential Technologies ETF by 143.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 641,593 shares of the company’s stock valued at $41,912,000 after acquiring an additional 378,264 shares in the last quarter. Baird Financial Group Inc. boosted its position in iShares Exponential Technologies ETF by 8.3% during the 2nd quarter. Baird Financial Group Inc. now owns 292,585 shares of the company’s stock worth $19,091,000 after purchasing an additional 22,451 shares during the period. Wealthcare Advisory Partners LLC increased its holdings in iShares Exponential Technologies ETF by 49.6% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 243,773 shares of the company’s stock valued at $15,906,000 after purchasing an additional 80,844 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC increased its holdings in iShares Exponential Technologies ETF by 1.0% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 174,846 shares of the company’s stock valued at $12,579,000 after purchasing an additional 1,724 shares in the last quarter.

iShares Exponential Technologies ETF Price Performance

Shares of XT opened at $72.38 on Friday. iShares Exponential Technologies ETF has a 12 month low of $49.01 and a 12 month high of $76.29. The stock’s 50-day moving average is $72.30 and its two-hundred day moving average is $71.04. The stock has a market cap of $3.72 billion, a PE ratio of 26.41 and a beta of 1.10.

iShares Exponential Technologies ETF Announces Dividend

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

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.