iShares Exponential Technologies ETF (NASDAQ:XT) Short Interest Update

iShares Exponential Technologies ETF (NASDAQ:XT) saw a significant decrease in short interest in June. As of June 15th, there was short interest totaling 6,584 shares, a decrease of 34.5% from the May 31st total of 10,047 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 101,889 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Western Wealth Management LLC raised its position in iShares Exponential Technologies ETF by 11.7% during the first quarter. Western Wealth Management LLC now owns 5,610 shares of the company’s stock valued at $382,000 after purchasing an additional 587 shares during the period. WNY Asset Management LLC purchased a new position in shares of iShares Exponential Technologies ETF in the 1st quarter worth approximately $513,000. Arkadios Wealth Advisors increased its position in shares of iShares Exponential Technologies ETF by 35.8% during the 1st quarter. Arkadios Wealth Advisors now owns 134,859 shares of the company’s stock valued at $9,191,000 after purchasing an additional 35,560 shares during the last quarter. Quantinno Capital Management LP increased its position in shares of iShares Exponential Technologies ETF by 80.7% during the 1st quarter. Quantinno Capital Management LP now owns 7,461 shares of the company’s stock valued at $509,000 after purchasing an additional 3,331 shares during the last quarter. Finally, Vivaldi Capital Management LP raised its holdings in iShares Exponential Technologies ETF by 7.5% during the 1st quarter. Vivaldi Capital Management LP now owns 9,394 shares of the company’s stock valued at $640,000 after buying an additional 654 shares during the period.

iShares Exponential Technologies ETF Stock Down 0.3%

Shares of NASDAQ:XT opened at $82.41 on Thursday. iShares Exponential Technologies ETF has a 52 week low of $64.66 and a 52 week high of $84.23. The stock has a market capitalization of $4.16 billion, a P/E ratio of 26.41 and a beta of 1.13. The firm has a fifty day simple moving average of $80.06 and a two-hundred day simple moving average of $74.21.

iShares Exponential Technologies ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.3581 dividend. The ex-dividend date of this dividend 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.