Econ Financial Services Corp Invests $679,000 in iShares Exponential Technologies ETF (NASDAQ:XT)

Econ Financial Services Corp purchased a new stake in iShares Exponential Technologies ETF (NASDAQ:XT) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 11,374 shares of the company’s stock, valued at approximately $679,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Stratos Investment Management LLC grew its stake in shares of iShares Exponential Technologies ETF by 16.2% in the 4th quarter. Stratos Investment Management LLC now owns 212,963 shares of the company’s stock worth $12,705,000 after acquiring an additional 29,745 shares in the last quarter. Financial Life Planners bought a new stake in iShares Exponential Technologies ETF in the 4th quarter worth about $164,000. Destiny Wealth Partners LLC increased its stake in iShares Exponential Technologies ETF by 0.9% in the 4th quarter. Destiny Wealth Partners LLC now owns 80,624 shares of the company’s stock valued at $4,810,000 after buying an additional 708 shares during the last quarter. Crews Bank & Trust purchased a new stake in iShares Exponential Technologies ETF in the 4th quarter valued at about $202,000. Finally, Embree Financial Group bought a new position in shares of iShares Exponential Technologies ETF during the 4th quarter worth approximately $205,000.

iShares Exponential Technologies ETF Stock Performance

Shares of NASDAQ:XT opened at $62.17 on Wednesday. iShares Exponential Technologies ETF has a fifty-two week low of $53.00 and a fifty-two week high of $63.37. The company’s 50-day moving average is $61.19 and its 200 day moving average is $59.96. The company has a market capitalization of $3.28 billion, a P/E ratio of 23.27 and a beta of 1.02.

iShares Exponential Technologies ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 3rd. Shareholders of record on Monday, December 30th were given a $0.0094 dividend. The ex-dividend date of this dividend was Monday, December 30th.

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.