Essex Financial Services Inc. Cuts Stock Position in iShares Exponential Technologies ETF (NASDAQ:XT)

Essex Financial Services Inc. decreased its holdings in iShares Exponential Technologies ETF (NASDAQ:XT) by 6.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,816 shares of the company’s stock after selling 579 shares during the quarter. Essex Financial Services Inc.’s holdings in iShares Exponential Technologies ETF were worth $466,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Finley Financial LLC purchased a new stake in iShares Exponential Technologies ETF during the 4th quarter worth about $30,000. First Horizon Advisors Inc. grew its position in shares of iShares Exponential Technologies ETF by 7,907.7% during the third quarter. First Horizon Advisors Inc. now owns 1,041 shares of the company’s stock worth $63,000 after buying an additional 1,028 shares in the last quarter. West Oak Capital LLC increased its stake in shares of iShares Exponential Technologies ETF by 260.3% during the fourth quarter. West Oak Capital LLC now owns 1,081 shares of the company’s stock worth $64,000 after buying an additional 781 shares during the period. Financial Life Planners acquired a new stake in iShares Exponential Technologies ETF in the fourth quarter valued at approximately $164,000. Finally, Crews Bank & Trust purchased a new position in iShares Exponential Technologies ETF in the fourth quarter worth approximately $202,000.

iShares Exponential Technologies ETF Stock Up 0.3 %

NASDAQ XT opened at $62.82 on Thursday. iShares Exponential Technologies ETF has a 52 week low of $53.00 and a 52 week high of $63.37. The firm has a 50 day moving average of $61.32 and a two-hundred day moving average of $60.12. The stock has a market capitalization of $3.31 billion, a PE ratio of 23.27 and a beta of 1.02.

iShares Exponential Technologies ETF Cuts Dividend

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