Valmark Advisers Inc. Acquires 6,077 Shares of iShares Exponential Technologies ETF (NASDAQ:XT)

Valmark Advisers Inc. grew its holdings in iShares Exponential Technologies ETF (NASDAQ:XT) by 9.9% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 67,342 shares of the company’s stock after purchasing an additional 6,077 shares during the quarter. Valmark Advisers Inc. owned approximately 0.13% of iShares Exponential Technologies ETF worth $3,876,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Financial Engines Advisors L.L.C. raised its stake in shares of iShares Exponential Technologies ETF by 1.3% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 34,675,164 shares of the company’s stock worth $2,068,720,000 after acquiring an additional 451,288 shares in the last quarter. Raymond James Financial Inc. acquired a new position in iShares Exponential Technologies ETF during the 4th quarter valued at approximately $14,080,000. Baird Financial Group Inc. increased its stake in iShares Exponential Technologies ETF by 334.4% during the 4th quarter. Baird Financial Group Inc. now owns 262,924 shares of the company’s stock valued at $15,686,000 after purchasing an additional 202,395 shares in the last quarter. OLD Mission Capital LLC acquired a new position in iShares Exponential Technologies ETF during the 4th quarter valued at approximately $4,872,000. Finally, Brooklyn FI LLC acquired a new position in iShares Exponential Technologies ETF during the 4th quarter valued at approximately $4,385,000.

iShares Exponential Technologies ETF Trading Down 0.9%

Shares of iShares Exponential Technologies ETF stock opened at $62.34 on Monday. iShares Exponential Technologies ETF has a 12-month low of $49.01 and a 12-month high of $64.31. The firm has a market capitalization of $3.28 billion, a price-to-earnings ratio of 25.58 and a beta of 1.02. The firm’s 50 day simple moving average is $60.07 and its two-hundred day simple moving average is $60.19.

iShares Exponential Technologies ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, June 20th. Shareholders of record on Monday, June 16th were paid a dividend of $0.209 per share. This is a positive change from iShares Exponential Technologies ETF’s previous dividend of $0.01. The ex-dividend date of this dividend was Monday, June 16th.

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.