Reported 7 months ago
Held by 16 ETFs, Nvidia's stock split in June 2024 led to historic highs, with four of these ETFs doubling in value in the past year, reaching as high as 146%. Topping the charts is the FANG+ ETF (00757) with a 346.09% increase over the past five years. The loosening monetary policies by the Fed are expected to further boost the valuation of tech growth stocks, potentially driving tech ETF prices even higher. Expectations are positive for tech ETFs following significant announcements at COMPUTEX, with the overall economic signal index for Taiwan rising to 35, the first uplift in 25 months.
Source: YAHOO