Savvy Advisors Inc. Invests $6.41 Million in iShares Exponential Technologies ETF $XT

Savvy Advisors Inc. bought a new stake in shares of iShares Exponential Technologies ETF (NASDAQ:XT) in the fourth quarter, Holdings Channel.com reports. The fund bought 91,922 shares of the company’s stock, valued at approximately $6,411,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Exencial Wealth Advisors LLC increased its stake in iShares Exponential Technologies ETF by 2.0% in the 3rd quarter. Exencial Wealth Advisors LLC now owns 6,945 shares of the company’s stock worth $500,000 after buying an additional 135 shares during the period. Wealthcare Capital Partners LLC boosted its position in iShares Exponential Technologies ETF by 0.5% in the 3rd quarter. Wealthcare Capital Partners LLC now owns 31,885 shares of the company’s stock valued at $2,294,000 after buying an additional 160 shares during the period. Spire Wealth Management grew its stake in iShares Exponential Technologies ETF by 78.7% in the 4th quarter. Spire Wealth Management now owns 420 shares of the company’s stock worth $29,000 after acquiring an additional 185 shares in the last quarter. IFP Advisors Inc grew its stake in iShares Exponential Technologies ETF by 25.1% in the 3rd quarter. IFP Advisors Inc now owns 953 shares of the company’s stock worth $68,000 after acquiring an additional 191 shares in the last quarter. Finally, BostonPremier Wealth LLC increased its position in shares of iShares Exponential Technologies ETF by 2.9% during the fourth quarter. BostonPremier Wealth LLC now owns 7,409 shares of the company’s stock worth $517,000 after acquiring an additional 209 shares during the period.

iShares Exponential Technologies ETF Stock Performance

iShares Exponential Technologies ETF stock opened at $68.67 on Friday. The company has a market capitalization of $3.45 billion, a PE ratio of 26.41 and a beta of 1.10. The company has a 50 day moving average price of $70.69 and a 200-day moving average price of $72.01. iShares Exponential Technologies ETF has a fifty-two week low of $49.01 and a fifty-two week high of $76.29.

iShares Exponential Technologies ETF 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.