Friday’s Notable ETF Movers: PTF and KWEB on the Rise

Avatar photo

Invesco Technology ETF Leads Gains While KraneShares Lags Behind

Strong Performers in Tech ETFs

On Friday, the Invesco Dorsey Wright Technology Momentum ETF stood out in trading, showing an increase of approximately 3.5%. Notably, Credo Technology Group Holding surged by around 17.1%, while Rigetti Computing climbed about 11.6%, contributing significantly to the ETF’s performance.

Decline in China Internet ETF

Conversely, the KraneShares CSI China Internet ETF experienced a downturn, slipping around 2% in afternoon trading. Within this ETF, Iqiyi and Kanzhun faced declines of about 4.7% and 3.9%, respectively, marking them as the weakest performers.

Friday's ETF Movers: PTF, KWEBVIDEO: Friday’s ETF Movers: PTF, KWEB

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The free Daily Market Overview 250k traders and investors are reading

Read Now