KFG Wealth Management LLC Increases Position in iShares Exponential Technologies ETF (NASDAQ:XT)

KFG Wealth Management LLC lifted its position in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 19.7% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 5,119 shares of the company’s stock after buying an additional 841 shares during the period. KFG Wealth Management LLC’s holdings in iShares Exponential Technologies ETF were worth $306,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Safeguard Financial LLC purchased a new position in iShares Exponential Technologies ETF during the fourth quarter worth approximately $207,000. MV Capital Management Inc. purchased a new position in iShares Exponential Technologies ETF during the fourth quarter worth approximately $40,000. Cerity Partners LLC raised its stake in iShares Exponential Technologies ETF by 444.9% during the fourth quarter. Cerity Partners LLC now owns 21,250 shares of the company’s stock worth $1,272,000 after purchasing an additional 17,350 shares during the period. Valley National Advisers Inc. raised its stake in iShares Exponential Technologies ETF by 23.7% during the fourth quarter. Valley National Advisers Inc. now owns 43,960 shares of the company’s stock worth $2,631,000 after purchasing an additional 8,415 shares during the period. Finally, Barrett & Company Inc. raised its stake in iShares Exponential Technologies ETF by 1.2% during the fourth quarter. Barrett & Company Inc. now owns 86,293 shares of the company’s stock worth $5,166,000 after purchasing an additional 1,048 shares during the period.

iShares Exponential Technologies ETF Price Performance

NASDAQ:XT traded down $0.76 during trading hours on Friday, reaching $54.45. 85,718 shares of the company were exchanged, compared to its average volume of 109,790. The firm has a market cap of $3.16 billion, a price-to-earnings ratio of 23.80 and a beta of 1.02. iShares Exponential Technologies ETF has a 52-week low of $48.10 and a 52-week high of $61.47. The stock has a 50 day simple moving average of $58.96 and a 200 day simple moving average of $56.52.

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.