Sax Wealth Advisors LLC Makes New Investment in iShares Exponential Technologies ETF (NASDAQ:XT)

Sax Wealth Advisors LLC acquired a new position in shares of iShares Exponential Technologies ETF (NASDAQ:XT) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 9,545 shares of the company’s stock, valued at approximately $531,000.

Several other institutional investors also recently modified their holdings of XT. Integrated Wealth Concepts LLC grew its position in shares of iShares Exponential Technologies ETF by 72.9% in the 1st quarter. Integrated Wealth Concepts LLC now owns 25,854 shares of the company’s stock valued at $1,362,000 after purchasing an additional 10,897 shares during the period. Stratos Wealth Advisors LLC grew its position in shares of iShares Exponential Technologies ETF by 36.1% in the 2nd quarter. Stratos Wealth Advisors LLC now owns 109,559 shares of the company’s stock valued at $6,091,000 after purchasing an additional 29,046 shares during the period. SPC Financial Inc. grew its position in shares of iShares Exponential Technologies ETF by 8.7% in the 1st quarter. SPC Financial Inc. now owns 17,428 shares of the company’s stock valued at $918,000 after purchasing an additional 1,400 shares during the period. Moseley Investment Management Inc. acquired a new position in shares of iShares Exponential Technologies ETF in the 1st quarter valued at approximately $208,000. Finally, Assetmark Inc. grew its position in shares of iShares Exponential Technologies ETF by 49.1% in the 1st quarter. Assetmark Inc. now owns 2,492 shares of the company’s stock valued at $131,000 after purchasing an additional 821 shares during the period.

iShares Exponential Technologies ETF Stock Up 1.2 %

Shares of XT traded up $0.64 on Monday, hitting $54.82. The company’s stock had a trading volume of 27,113 shares, compared to its average volume of 121,805. The firm’s fifty day moving average price is $51.84 and its 200-day moving average price is $53.73. iShares Exponential Technologies ETF has a fifty-two week low of $46.13 and a fifty-two week high of $58.63. The firm has a market capitalization of $3.23 billion, a price-to-earnings ratio of 19.92 and a beta of 1.02.

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.