Hutchens & Kramer Investment Management Group LLC Sells 371 Shares of iShares Exponential Technologies ETF (NASDAQ:XT)

Hutchens & Kramer Investment Management Group LLC lessened its position in iShares Exponential Technologies ETF (NASDAQ:XT) by 6.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 5,218 shares of the company’s stock after selling 371 shares during the period. Hutchens & Kramer Investment Management Group LLC’s holdings in iShares Exponential Technologies ETF were worth $311,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in XT. Jane Street Group LLC increased its stake in iShares Exponential Technologies ETF by 639.8% in the 3rd quarter. Jane Street Group LLC now owns 98,986 shares of the company’s stock worth $6,026,000 after buying an additional 85,606 shares during the period. Stratos Wealth Advisors LLC increased its stake in iShares Exponential Technologies ETF by 37.9% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 205,810 shares of the company’s stock worth $12,530,000 after buying an additional 56,514 shares during the period. Wharton Business Group LLC increased its position in iShares Exponential Technologies ETF by 137.4% during the 3rd quarter. Wharton Business Group LLC now owns 64,740 shares of the company’s stock valued at $3,941,000 after purchasing an additional 37,470 shares during the period. Stratos Investment Management LLC increased its position in iShares Exponential Technologies ETF by 18.8% during the 3rd quarter. Stratos Investment Management LLC now owns 183,218 shares of the company’s stock valued at $11,154,000 after purchasing an additional 29,058 shares during the period. Finally, MML Investors Services LLC increased its position in iShares Exponential Technologies ETF by 15.5% during the 3rd quarter. MML Investors Services LLC now owns 90,552 shares of the company’s stock valued at $5,513,000 after purchasing an additional 12,163 shares during the period.

iShares Exponential Technologies ETF Stock Performance

NASDAQ XT opened at $61.50 on Tuesday. The company has a market capitalization of $3.28 billion, a price-to-earnings ratio of 23.27 and a beta of 1.02. The company’s 50-day simple moving average is $61.00 and its two-hundred day simple moving average is $59.90. 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 given a dividend of $0.0094 per share. The ex-dividend date was Monday, December 30th.

About iShares Exponential Technologies ETF

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.