The Smartest Tech ETF to Buy With $1,000 Right Now
Tuesday, 27 August 2024, 01:30
Top Holdings in the ETF
This tech ETF's three biggest holdings as of the end of July include:
- Nvidia - 20% of the portfolio's value
- Taiwan Semiconductor Manufacturing - 13%
- Broadcom - 8%
Market Trends Favoring Chip Stocks
Chip stocks are particularly in vogue, as industries increasingly rely on technology and innovation. The demand for semiconductors continues to surge, making this ETF an attractive option for investors seeking exposure to growth sectors of the economy.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.