iShares Exponential Technologies ETF (NASDAQ:XT) Stock Position Raised by Wharton Business Group LLC

Wharton Business Group LLC lifted its stake in iShares Exponential Technologies ETF (NASDAQ:XT) by 137.4% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 64,740 shares of the company’s stock after acquiring an additional 37,470 shares during the period. Wharton Business Group LLC owned 0.11% of iShares Exponential Technologies ETF worth $3,941,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. EQ LLC raised its stake in shares of iShares Exponential Technologies ETF by 3.4% in the 3rd quarter. EQ LLC now owns 4,921 shares of the company’s stock valued at $300,000 after acquiring an additional 164 shares in the last quarter. Coastline Trust Co bought a new position in shares of iShares Exponential Technologies ETF in the 3rd quarter valued at approximately $321,000. Assetmark Inc. increased its position in iShares Exponential Technologies ETF by 34.0% in the 3rd quarter. Assetmark Inc. now owns 3,691 shares of the company’s stock worth $225,000 after buying an additional 936 shares during the period. Crestwood Advisors Group LLC bought a new position in iShares Exponential Technologies ETF in the 3rd quarter worth approximately $212,000. Finally, Pure Financial Advisors LLC bought a new position in iShares Exponential Technologies ETF in the 3rd quarter worth approximately $264,000.

iShares Exponential Technologies ETF Stock Down 1.7 %

Shares of NASDAQ XT opened at $59.17 on Monday. The business’s 50 day moving average is $60.02 and its two-hundred day moving average is $59.14. The company has a market cap of $3.40 billion, a P/E ratio of 23.27 and a beta of 1.02. iShares Exponential Technologies ETF has a 12 month low of $53.00 and a 12 month high of $61.87.

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.