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Apple's foldable iPhone could unlock a lucrative new growth opportunity. Here's how investors can play the potential upside through ETFs.
Looking for broad exposure to the Technology - Broad segment of the equity market? You should consider the Fidelity MSCI Information Technology Index ETF (FTEC), a passively managed exchange traded fund launched on October 21, 2013.
Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC - Get Free Report) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 139,032 shares, a drop of 36.8% from the July 30th total of 220,017 shares. Based on an average daily volume
NVIDIA beats Q2 estimates and sees 70% fiscal 2028 revenue growth, while NVDA-heavy ETFs offer exposure with less company-specific risk.
Heading into Q2 fiscal 2027 earnings, the capital markets wondered if the vaunted chipmaking giant Nvidia still has its mojo. Despite rallying to atmospheric levels over the past three years, this massive upside is already baked into its stock price.
The Roundhill Generative AI & Technology ETF (CHAT) has significantly outperformed over the past year. The Fidelity MSCI Information Technology Index ETF (FTEC) provides broader diversification, with more than five times as many holdings as CHAT.
Fidelity MSCI Information Technology ETF has delivered exceptional long-term outperformance versus major benchmarks and a 10-year average annual return of 23%+. FTEC's total returns over the past decade are nearly 2.5x the S&P 500, more than 3x the DJIA, and over 2x the Nasdaq-100 QQQ. If you want to outperform the broad stock market, you should consider adding the FTEC ETF as a compelling core, long-term holding in your portfolio.
Bank of New York Mellon Corp lessened its holdings in shares of Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) by 31.6% during the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,640 shares of the company's stock