Bank of America Corp DE Sells 22,707 Shares of iShares Exponential Technologies ETF (NASDAQ:XT)

Bank of America Corp DE reduced its holdings in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 3.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 714,573 shares of the company’s stock after selling 22,707 shares during the quarter. Bank of America Corp DE’s holdings in iShares Exponential Technologies ETF were worth $42,631,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Mercer Global Advisors Inc. ADV lifted its holdings in iShares Exponential Technologies ETF by 47.8% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 18,000 shares of the company’s stock worth $1,074,000 after acquiring an additional 5,818 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in iShares Exponential Technologies ETF by 14.3% during the fourth quarter. Integrated Wealth Concepts LLC now owns 33,523 shares of the company’s stock worth $2,000,000 after acquiring an additional 4,192 shares during the period. MGO One Seven LLC lifted its holdings in iShares Exponential Technologies ETF by 13.2% during the fourth quarter. MGO One Seven LLC now owns 70,548 shares of the company’s stock worth $4,209,000 after acquiring an additional 8,238 shares during the period. OneDigital Investment Advisors LLC raised its stake in shares of iShares Exponential Technologies ETF by 3.0% in the fourth quarter. OneDigital Investment Advisors LLC now owns 6,050 shares of the company’s stock valued at $361,000 after buying an additional 179 shares during the period. Finally, NewEdge Advisors LLC raised its stake in shares of iShares Exponential Technologies ETF by 6.6% in the fourth quarter. NewEdge Advisors LLC now owns 5,461 shares of the company’s stock valued at $326,000 after buying an additional 339 shares during the period.

iShares Exponential Technologies ETF Price Performance

Shares of XT opened at $61.42 on Thursday. The firm has a market cap of $3.23 billion, a PE ratio of 25.30 and a beta of 1.09. The stock’s fifty day moving average price is $57.26 and its two-hundred day moving average price is $59.90. iShares Exponential Technologies ETF has a 1 year low of $49.01 and a 1 year high of $64.26.

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.