MAI Capital Management Has $1.03 Million Stock Position in iShares Exponential Technologies ETF $XT

MAI Capital Management reduced its position in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 12.8% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 15,760 shares of the company’s stock after selling 2,313 shares during the quarter. MAI Capital Management’s holdings in iShares Exponential Technologies ETF were worth $1,028,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp lifted its position in iShares Exponential Technologies ETF by 10,895.4% during the 1st quarter. Jones Financial Companies Lllp now owns 4,447,205 shares of the company’s stock worth $271,947,000 after acquiring an additional 4,406,759 shares during the last quarter. LPL Financial LLC increased its stake in shares of iShares Exponential Technologies ETF by 5.0% in the first quarter. LPL Financial LLC now owns 727,590 shares of the company’s stock worth $41,880,000 after purchasing an additional 34,718 shares during the period. Baird Financial Group Inc. increased its stake in shares of iShares Exponential Technologies ETF by 2.7% in the first quarter. Baird Financial Group Inc. now owns 270,134 shares of the company’s stock worth $15,549,000 after purchasing an additional 7,210 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of 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 worth $17,488,000 after purchasing an additional 240,000 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its stake in iShares Exponential Technologies ETF by 49.6% during 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 during the period.

iShares Exponential Technologies ETF Stock Up 1.6%

XT opened at $72.25 on Tuesday. The stock’s 50 day moving average price is $73.11 and its two-hundred day moving average price is $67.98. The firm has a market capitalization of $3.59 billion, a P/E ratio of 26.41 and a beta of 1.10. iShares Exponential Technologies ETF has a 12-month low of $49.01 and a 12-month high of $75.80.

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.