Pallas Capital Advisors LLC Buys 324 Shares of iShares Exponential Technologies ETF (NASDAQ:XT)

Pallas Capital Advisors LLC increased its stake in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 1.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 21,006 shares of the company’s stock after acquiring an additional 324 shares during the quarter. Pallas Capital Advisors LLC’s holdings in iShares Exponential Technologies ETF were worth $1,253,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of XT. Stifel Financial Corp increased its stake in shares of 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 buying an additional 682 shares during the period. Alpha Financial Advisors LLC boosted its holdings in iShares Exponential Technologies ETF by 1.2% in the third quarter. Alpha Financial Advisors LLC now owns 371,483 shares of the company’s stock valued at $22,616,000 after acquiring an additional 4,289 shares during the last quarter. Creative Planning increased its position in iShares Exponential Technologies ETF by 19.2% in the second quarter. Creative Planning now owns 8,453 shares of the company’s stock worth $497,000 after purchasing an additional 1,361 shares during the period. Jane Street Group LLC raised its holdings in iShares Exponential Technologies ETF by 639.8% during the 3rd quarter. Jane Street Group LLC now owns 98,986 shares of the company’s stock worth $6,026,000 after purchasing an additional 85,606 shares during the last quarter. Finally, One Capital Management LLC acquired a new position in iShares Exponential Technologies ETF during the 2nd quarter valued at about $631,000.

iShares Exponential Technologies ETF Price Performance

Shares of NASDAQ:XT opened at $59.15 on Tuesday. The stock has a market cap of $3.18 billion, a price-to-earnings ratio of 23.27 and a beta of 1.02. The company has a 50 day moving average of $60.90 and a 200-day moving average of $59.78. iShares Exponential Technologies ETF has a one year low of $53.00 and a one year high of $63.37.

iShares Exponential Technologies ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 3rd. Shareholders of record on Monday, December 30th were issued a dividend of $0.0094 per share. The ex-dividend date of this dividend was Monday, December 30th.

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.