“XT is designed to provide global exposure to companies identified as leaders across key areas of technological transformation from big data and analytics to nanotechnology and bioinformatics. These companies, which also cross industry sectors such as manufacturing, financial services and healthcare, have the potential to profoundly transform society and may offer substantial investment growth opportunities,” according to a statement issued by BlackRock.
Edelman has been ranked the top independent financial advisor by Barron’s three times. His firm has risen to prominence, in part, because it embraces investors with smaller accounts, a demographic often underserved by traditional RIAs looking only for investors with $500,000, $1 million or larger accounts. The minimum to open an account with Edelman is $5,000. The firm has more than 40 offices in 15 states.
XT holds 195 stocks, two-thirds of which are U.S. companies. U.K. and French stocks combine for 9.5% of the ETF’s weight. No individual holding commands more than 1.04% of XT’s weight. That is the weight assigned to Netflix (NasdaqGS: NFLX), the ETF’s largest holding. XT’s annual fee is 0.47%, or $47 per $10,000 invested.
iShares Exponential Technologies ETF
