Mirae Asset Global Investments Co. Ltd. grew its stake in shares of iShares Exponential Technologies ETF (NASDAQ:XT – Free Report) by 856.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 268,020 shares of the company’s stock after acquiring an additional 240,000 shares during the period. Mirae Asset Global Investments Co. Ltd. owned about 0.52% of iShares Exponential Technologies ETF worth $17,488,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Embree Financial Group acquired a new stake in shares of iShares Exponential Technologies ETF during the 2nd quarter valued at approximately $263,000. Sweeney & Michel LLC lifted its position in shares of iShares Exponential Technologies ETF by 5.8% during the 2nd quarter. Sweeney & Michel LLC now owns 29,790 shares of the company’s stock valued at $1,952,000 after acquiring an additional 1,627 shares during the period. CX Institutional lifted its position in shares of iShares Exponential Technologies ETF by 35.5% during the 2nd quarter. CX Institutional now owns 9,894 shares of the company’s stock valued at $646,000 after acquiring an additional 2,592 shares during the period. American Financial Advisors LLC acquired a new stake in shares of iShares Exponential Technologies ETF during the 2nd quarter valued at approximately $202,000. Finally, Dynamic Advisor Solutions LLC lifted its position in shares of iShares Exponential Technologies ETF by 0.6% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 173,122 shares of the company’s stock valued at $11,296,000 after acquiring an additional 969 shares during the period.
iShares Exponential Technologies ETF Trading Down 0.1%
XT stock opened at $73.56 on Friday. The firm has a 50 day moving average of $68.58 and a 200-day moving average of $63.49. iShares Exponential Technologies ETF has a 12-month low of $49.01 and a 12-month high of $74.00. The company has a market cap of $3.71 billion, a price-to-earnings ratio of 26.41 and a beta of 1.02.
iShares Exponential Technologies ETF Company 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.
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