NFP Retirement Inc. Invests $975,000 in iShares Exponential Technologies ETF $XT

NFP Retirement Inc. bought a new position in shares of iShares Exponential Technologies ETF (NASDAQ:XT) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 14,938 shares of the company’s stock, valued at approximately $975,000.

A number of other large investors have also recently bought and sold shares of the stock. Crewe Advisors LLC acquired a new position in iShares Exponential Technologies ETF during the second quarter worth $25,000. Ameritas Advisory Services LLC acquired a new stake in shares of iShares Exponential Technologies ETF during the 2nd quarter worth about $163,000. Benchmark Financial Wealth Advisors LLC bought a new position in iShares Exponential Technologies ETF during the 2nd quarter valued at about $201,000. American Financial Advisors LLC bought a new position in iShares Exponential Technologies ETF during the 2nd quarter valued at about $202,000. Finally, Foundations Investment Advisors LLC acquired a new position in iShares Exponential Technologies ETF in the second quarter valued at about $203,000.

iShares Exponential Technologies ETF Trading Down 2.3%

NASDAQ XT opened at $70.59 on Friday. The firm has a market cap of $3.51 billion, a price-to-earnings ratio of 26.41 and a beta of 1.10. The company has a 50 day moving average of $73.03 and a 200-day moving average of $67.67. iShares Exponential Technologies ETF has a 1-year low of $49.01 and a 1-year high of $75.80.

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.