Savvy Advisors Inc. Makes New Investment in iShares Exponential Technologies ETF $XT

Savvy Advisors Inc. acquired a new stake in shares of iShares Exponential Technologies ETF (NASDAQ:XT) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 91,922 shares of the company’s stock, valued at approximately $6,411,000. Savvy Advisors Inc. owned 0.18% of iShares Exponential Technologies ETF at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of XT. Spire Wealth Management increased its position in shares of iShares Exponential Technologies ETF by 78.7% during the 4th quarter. Spire Wealth Management now owns 420 shares of the company’s stock valued at $29,000 after purchasing an additional 185 shares during the last quarter. Horizon Investments LLC purchased a new position in iShares Exponential Technologies ETF during the third quarter worth $33,000. CoreCap Advisors LLC boosted its stake in iShares Exponential Technologies ETF by 64.0% during the third quarter. CoreCap Advisors LLC now owns 751 shares of the company’s stock worth $54,000 after buying an additional 293 shares during the period. IFP Advisors Inc increased its position in iShares Exponential Technologies ETF by 25.1% during the third quarter. IFP Advisors Inc now owns 953 shares of the company’s stock valued at $68,000 after acquiring an additional 191 shares during the last quarter. Finally, Russell Investments Group Ltd. bought a new position in iShares Exponential Technologies ETF during the third quarter valued at $83,000.

iShares Exponential Technologies ETF Stock Performance

XT stock opened at $68.67 on Friday. The stock has a market cap of $3.45 billion, a PE ratio of 26.41 and a beta of 1.10. iShares Exponential Technologies ETF has a 12 month low of $49.01 and a 12 month high of $76.29. The company has a 50-day moving average price of $70.69 and a 200 day moving average price of $72.01.

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