iShares Exponential Technologies ETF (NASDAQ:XT) Sees Large Volume Increase – Here’s What Happened

iShares Exponential Technologies ETF (NASDAQ:XT) shares saw an uptick in trading volume on Wednesday . 322,177 shares were traded during trading, an increase of 205% from the previous session’s volume of 105,601 shares.The stock last traded at $61.08 and had previously closed at $61.07.

iShares Exponential Technologies ETF Stock Down 0.9 %

The business’s fifty day moving average is $59.91 and its two-hundred day moving average is $59.07. The stock has a market cap of $3.46 billion, a price-to-earnings ratio of 23.27 and a beta of 1.02.

Institutional Trading of iShares Exponential Technologies ETF

Institutional investors have recently bought and sold shares of the business. Avantax Advisory Services Inc. grew its stake in iShares Exponential Technologies ETF by 10.1% during the 1st quarter. Avantax Advisory Services Inc. now owns 27,863 shares of the company’s stock worth $1,661,000 after buying an additional 2,559 shares during the last quarter. O Shaughnessy Asset Management LLC increased its holdings in shares of iShares Exponential Technologies ETF by 24.9% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 5,511 shares of the company’s stock valued at $329,000 after acquiring an additional 1,098 shares during the period. Sax Wealth Advisors LLC boosted its stake in iShares Exponential Technologies ETF by 21.7% during the 1st quarter. Sax Wealth Advisors LLC now owns 20,426 shares of the company’s stock worth $1,218,000 after purchasing an additional 3,645 shares during the period. SVB Wealth LLC boosted its stake in iShares Exponential Technologies ETF by 78.7% during the 1st quarter. SVB Wealth LLC now owns 37,595 shares of the company’s stock worth $2,241,000 after purchasing an additional 16,556 shares during the period. Finally, Sweeney & Michel LLC acquired a new stake in iShares Exponential Technologies ETF during the 1st quarter worth $2,139,000.

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.