PFG Advisors Has $1.55 Million Holdings in iShares Exponential Technologies ETF $XT

PFG Advisors decreased its holdings in iShares Exponential Technologies ETF (NASDAQ:XT) by 43.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 22,286 shares of the company’s stock after selling 17,098 shares during the period. PFG Advisors’ holdings in iShares Exponential Technologies ETF were worth $1,554,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in XT. Orion Porfolio Solutions LLC raised its stake in shares of iShares Exponential Technologies ETF by 683.4% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 824,495 shares of the company’s stock valued at $53,798,000 after buying an additional 719,245 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of iShares Exponential Technologies ETF by 143.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 641,593 shares of the company’s stock valued at $41,912,000 after buying an additional 378,264 shares in the last quarter. Jane Street Group LLC raised its stake in shares of iShares Exponential Technologies ETF by 946.8% in the 1st quarter. Jane Street Group LLC now owns 160,177 shares of the company’s stock valued at $9,220,000 after buying an additional 144,876 shares in the last quarter. Savvy Advisors Inc. acquired a new position in shares of iShares Exponential Technologies ETF in the 4th quarter valued at $6,411,000. Finally, RFG Advisory LLC raised its stake in shares of iShares Exponential Technologies ETF by 2,492.6% in the 3rd quarter. RFG Advisory LLC now owns 80,942 shares of the company’s stock valued at $5,823,000 after buying an additional 77,820 shares in the last quarter.

iShares Exponential Technologies ETF Stock Performance

Shares of XT stock opened at $75.22 on Thursday. iShares Exponential Technologies ETF has a 52-week low of $55.63 and a 52-week high of $76.29. The stock has a market cap of $3.79 billion, a price-to-earnings ratio of 26.41 and a beta of 1.10. The firm has a fifty day moving average of $70.74 and a 200-day moving average of $72.07.

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.