Brookstone Capital Management Purchases 6,276 Shares of iShares Exponential Technologies ETF $XT

Brookstone Capital Management raised its holdings in shares of iShares Exponential Technologies ETF (NASDAQ:XT) by 6.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 106,103 shares of the company’s stock after acquiring an additional 6,276 shares during the quarter. Brookstone Capital Management’s holdings in iShares Exponential Technologies ETF were worth $7,231,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Morgan Stanley raised its position in shares of iShares Exponential Technologies ETF by 523.0% in the fourth quarter. Morgan Stanley now owns 1,512,452 shares of the company’s stock valued at $105,478,000 after purchasing an additional 1,269,670 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares Exponential Technologies ETF by 5,379.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,257,785 shares of the company’s stock valued at $87,718,000 after buying an additional 1,234,832 shares in the last quarter. Orion Porfolio Solutions LLC boosted its holdings in iShares Exponential Technologies ETF by 683.4% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 824,495 shares of the company’s stock worth $53,798,000 after buying an additional 719,245 shares during the period. Ameriprise Financial Inc. boosted its holdings in iShares Exponential Technologies ETF by 143.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 641,593 shares of the company’s stock worth $41,912,000 after buying an additional 378,264 shares during the period. Finally, Jane Street Group LLC grew its stake in iShares Exponential Technologies ETF by 946.8% in the 1st quarter. Jane Street Group LLC now owns 160,177 shares of the company’s stock valued at $9,220,000 after buying an additional 144,876 shares in the last quarter.

iShares Exponential Technologies ETF Price Performance

Shares of XT stock opened at $80.35 on Wednesday. The stock has a market capitalization of $4.05 billion, a price-to-earnings ratio of 26.41 and a beta of 1.13. The company’s fifty day simple moving average is $79.14 and its two-hundred day simple moving average is $73.97. iShares Exponential Technologies ETF has a 1 year low of $63.79 and a 1 year high of $84.23.

iShares Exponential Technologies ETF Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a $0.3581 dividend. The ex-dividend date was Monday, June 15th.

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. XT was launched on Mar 19, 2015 and is managed by BlackRock.