Strategic Financial Concepts LLC Makes New $7.11 Million Investment in iShares Exponential Technologies ETF (NASDAQ:XT)

Strategic Financial Concepts LLC purchased a new stake in iShares Exponential Technologies ETF (NASDAQ:XT) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 119,173 shares of the company’s stock, valued at approximately $7,110,000. Strategic Financial Concepts LLC owned approximately 0.23% of iShares Exponential Technologies ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Stifel Financial Corp raised its stake in iShares Exponential Technologies ETF by 15.4% in the 3rd quarter. Stifel Financial Corp now owns 5,097 shares of the company’s stock valued at $310,000 after purchasing an additional 682 shares during the last quarter. Alpha Financial Advisors LLC grew its holdings in shares of iShares Exponential Technologies ETF by 1.2% during the third quarter. Alpha Financial Advisors LLC now owns 371,483 shares of the company’s stock worth $22,616,000 after buying an additional 4,289 shares in the last quarter. Jane Street Group LLC raised its position in shares of iShares Exponential Technologies ETF by 639.8% in the third quarter. Jane Street Group LLC now owns 98,986 shares of the company’s stock valued at $6,026,000 after buying an additional 85,606 shares during the last quarter. Barrett & Company Inc. lifted its stake in shares of iShares Exponential Technologies ETF by 0.6% during the third quarter. Barrett & Company Inc. now owns 88,220 shares of the company’s stock valued at $5,371,000 after buying an additional 484 shares during the period. Finally, Stratos Investment Management LLC boosted its position in iShares Exponential Technologies ETF by 18.8% during the third quarter. Stratos Investment Management LLC now owns 183,218 shares of the company’s stock worth $11,154,000 after acquiring an additional 29,058 shares during the last quarter.

iShares Exponential Technologies ETF Stock Performance

Shares of XT opened at $63.38 on Friday. iShares Exponential Technologies ETF has a fifty-two week low of $53.00 and a fifty-two week high of $63.60. The company has a market capitalization of $3.34 billion, a PE ratio of 23.27 and a beta of 1.02. The stock has a fifty day moving average of $61.36 and a two-hundred day moving average of $60.22.

iShares Exponential Technologies ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 3rd. Investors of record on Monday, December 30th were given a $0.0094 dividend. The ex-dividend date of this dividend was Monday, December 30th.

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.