iShares Exponential Technologies ETF (NASDAQ:XT) Short Interest Update

iShares Exponential Technologies ETF (NASDAQ:XT) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totalling 22,800 shares, a drop of 71.4% from the July 15th total of 79,700 shares. Based on an average daily trading volume, of 112,600 shares, the short-interest ratio is currently 0.2 days.

iShares Exponential Technologies ETF Stock Down 0.3 %

NASDAQ XT traded down $0.15 during trading hours on Wednesday, reaching $57.49. 13,651 shares of the company were exchanged, compared to its average volume of 107,046. The stock has a market capitalization of $3.32 billion, a P/E ratio of 23.27 and a beta of 1.02. iShares Exponential Technologies ETF has a 1 year low of $48.10 and a 1 year high of $61.60. The business’s 50 day simple moving average is $58.63 and its 200-day simple moving average is $58.50.

iShares Exponential Technologies ETF Dividend Announcement

The company also recently disclosed a Semi-Annual dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were issued a $0.1582 dividend. The ex-dividend date was Tuesday, June 11th.

Hedge Funds Weigh In On iShares Exponential Technologies ETF

Several large investors have recently modified their holdings of the business. Bank of Montreal Can grew its position in shares of iShares Exponential Technologies ETF by 2.9% in the second quarter. Bank of Montreal Can now owns 21,527 shares of the company’s stock valued at $1,267,000 after purchasing an additional 605 shares in the last quarter. AE Wealth Management LLC increased its position in shares of iShares Exponential Technologies ETF by 93.9% in the second quarter. AE Wealth Management LLC now owns 13,722 shares of the company’s stock worth $807,000 after purchasing an additional 6,646 shares during the last quarter. One Capital Management LLC bought a new position in shares of iShares Exponential Technologies ETF in the 2nd quarter worth $631,000. Ashton Thomas Private Wealth LLC bought a new stake in iShares Exponential Technologies ETF during the second quarter worth about $104,000. Finally, Clearwater Capital Advisors LLC grew its holdings in shares of iShares Exponential Technologies ETF by 58.5% during the 2nd quarter. Clearwater Capital Advisors LLC now owns 99,520 shares of the company’s stock valued at $5,855,000 after purchasing an additional 36,734 shares during the last quarter.

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.