iShares Exponential Technologies ETF (NASDAQ:XT) Sets New 12-Month High – Here’s Why

by · The Markets Daily

iShares Exponential Technologies ETF (NASDAQ:XT – Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as $75.99 and last traded at $76.22, with a volume of 65681 shares traded. The stock had previously closed at $75.17.

iShares Exponential Technologies ETF Trading Down 1.3%

The company has a market capitalization of $3.73 billion, a PE ratio of 26.41 and a beta of 1.10. The company has a fifty day simple moving average of $73.94 and a 200-day simple moving average of $69.18.

Hedge Funds Weigh In On iShares Exponential Technologies ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Crewe Advisors LLC acquired a new stake in shares of iShares Exponential Technologies ETF during the 2nd quarter worth approximately $25,000. Horizon Investments LLC acquired a new position in iShares Exponential Technologies ETF in the third quarter valued at approximately $33,000. CoreCap Advisors LLC grew its position in iShares Exponential Technologies ETF by 64.0% in the third quarter. CoreCap Advisors LLC now owns 751 shares of the company’s stock worth $54,000 after acquiring an additional 293 shares during the period. Kilter Group LLC acquired a new stake in iShares Exponential Technologies ETF during the second quarter worth $51,000. Finally, IFP Advisors Inc raised its position in iShares Exponential Technologies ETF by 25.1% in the third quarter. IFP Advisors Inc now owns 953 shares of the company’s stock valued at $68,000 after purchasing an additional 191 shares during the period.

iShares Exponential Technologies ETF Company Profile

(Get Free Report)

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.

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