January 15, 2025

Ron Finklestien

“Midweek Market Update: ETF Highlights for PTF and IYK”

Invesco Dorsey Wright Technology ETF Surges While Consumer Staples Lag Behind

Technology ETF Shows Notable Gains as Stocks Rise

In Wednesday’s trading, the Invesco Dorsey Wright Technology Momentum ETF led the pack among ETFs, jumping approximately 4.3% for the day. Significant contributors to this rise included shares of IONQ, which soared by around 27.3%, and Semtech, experiencing an increase of about 13.8%.

Conversely, the iShares U.S. Consumer Staples ETF struggled, declining about 0.6% in the afternoon session. Notably, shares of Church & Dwight fell approximately 2.7%, while Hershey shares dipped about 2.1% during the same period.

Wednesday's ETF Movers: PTF, IYKVIDEO: Wednesday’s ETF Movers: PTF, IYK

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


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