Wealthcare Capital Management LLC Lowers Position in iShares Exponential Technologies ETF $XT

Wealthcare Capital Management LLC reduced its stake in iShares Exponential Technologies ETF (NASDAQ:XT) by 51.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,320 shares of the company’s stock after selling 5,731 shares during the quarter. Wealthcare Capital Management LLC’s holdings in iShares Exponential Technologies ETF were worth $347,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp lifted its position in iShares Exponential Technologies ETF by 10,895.4% in the 1st quarter. Jones Financial Companies Lllp now owns 4,447,205 shares of the company’s stock worth $271,947,000 after buying an additional 4,406,759 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in iShares Exponential Technologies ETF by 856.5% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 268,020 shares of the company’s stock valued at $17,488,000 after buying an additional 240,000 shares during the period. Jane Street Group LLC grew its holdings in 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 worth $9,220,000 after acquiring an additional 144,876 shares during the last quarter. Wealthcare Advisory Partners LLC increased its position in shares of iShares Exponential Technologies ETF by 49.6% in the second quarter. Wealthcare Advisory Partners LLC now owns 243,773 shares of the company’s stock valued at $15,906,000 after acquiring an additional 80,844 shares during the period. Finally, Arkadios Wealth Advisors bought a new position in shares of iShares Exponential Technologies ETF during the first quarter valued at about $4,650,000.

iShares Exponential Technologies ETF Price Performance

NASDAQ XT opened at $73.56 on Friday. iShares Exponential Technologies ETF has a 1 year low of $49.01 and a 1 year high of $74.00. The stock has a market capitalization of $3.71 billion, a PE ratio of 26.41 and a beta of 1.02. The business’s 50-day moving average is $68.58 and its 200 day moving average is $63.49.

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.