Barrett & Company Inc. Has $5.30 Million Position in iShares Exponential Technologies ETF (NASDAQ:XT)

Barrett & Company Inc. increased its position in iShares Exponential Technologies ETF (NASDAQ:XT) by 0.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 88,908 shares of the company’s stock after buying an additional 688 shares during the quarter. iShares Exponential Technologies ETF comprises 2.2% of Barrett & Company Inc.’s holdings, making the stock its 8th largest position. Barrett & Company Inc.’s holdings in iShares Exponential Technologies ETF were worth $5,304,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Finley Financial LLC bought a new stake in iShares Exponential Technologies ETF in the fourth quarter valued at approximately $30,000. First Horizon Advisors Inc. lifted its position in iShares Exponential Technologies ETF by 7,907.7% in the third quarter. First Horizon Advisors Inc. now owns 1,041 shares of the company’s stock valued at $63,000 after purchasing an additional 1,028 shares during the last quarter. West Oak Capital LLC lifted its position in iShares Exponential Technologies ETF by 260.3% in the fourth quarter. West Oak Capital LLC now owns 1,081 shares of the company’s stock valued at $64,000 after purchasing an additional 781 shares during the last quarter. Financial Life Planners bought a new stake in iShares Exponential Technologies ETF in the fourth quarter valued at approximately $164,000. Finally, Crews Bank & Trust bought a new stake in iShares Exponential Technologies ETF in the fourth quarter valued at approximately $202,000.

iShares Exponential Technologies ETF Stock Performance

Shares of XT stock opened at $62.73 on Friday. iShares Exponential Technologies ETF has a fifty-two week low of $53.00 and a fifty-two week high of $63.37. The stock has a 50 day moving average price of $61.24 and a two-hundred day moving average price of $60.00. The company has a market capitalization of $3.31 billion, a P/E ratio of 23.27 and a beta of 1.02.

iShares Exponential Technologies ETF Cuts Dividend

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

iShares Exponential Technologies ETF 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.