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.
VIDEO: 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.