Financial Engines Advisors L.L.C. Increases Position in iShares Exponential Technologies ETF (NASDAQ:XT)

Financial Engines Advisors L.L.C. increased its holdings in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 1.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 34,675,164 shares of the company’s stock after purchasing an additional 451,288 shares during the quarter. iShares Exponential Technologies ETF makes up about 4.4% of Financial Engines Advisors L.L.C.’s investment portfolio, making the stock its 7th biggest holding. Financial Engines Advisors L.L.C. owned 65.73% of iShares Exponential Technologies ETF worth $2,068,720,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Brooklyn FI LLC acquired a new position in shares of iShares Exponential Technologies ETF during the 4th quarter worth approximately $4,385,000. Clearwater Capital Advisors LLC lifted its position in shares of iShares Exponential Technologies ETF by 2.1% in the fourth quarter. Clearwater Capital Advisors LLC now owns 105,816 shares of the company’s stock valued at $6,313,000 after buying an additional 2,134 shares during the last quarter. GWN Securities Inc. bought a new position in shares of iShares Exponential Technologies ETF during the 4th quarter worth approximately $414,000. Envestnet Portfolio Solutions Inc. raised its stake in iShares Exponential Technologies ETF by 2.3% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 15,746 shares of the company’s stock valued at $939,000 after acquiring an additional 359 shares during the period. Finally, Essential Planning LLC. acquired a new stake in iShares Exponential Technologies ETF during the 4th quarter valued at $988,000.

iShares Exponential Technologies ETF Price Performance

NASDAQ:XT opened at $60.45 on Wednesday. The company has a market cap of $3.19 billion, a P/E ratio of 26.07 and a beta of 1.02. The firm’s fifty day moving average price is $61.57 and its two-hundred day moving average price is $60.82. iShares Exponential Technologies ETF has a one year low of $53.00 and a one year high of $64.26.

iShares Exponential Technologies ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 3rd. Stockholders of record on Monday, December 30th were given a $0.0094 dividend. 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.