Investors in the Betashares Nasdaq 100 ETF (ASX: NDQ) are probably keen to know what were the biggest movers of the NASDAQ 100 overnight.
At the time of writing, units in the exchange traded fund (ETF) are trading for $33.45 – down 0.06%. Overnight, however, the NASDAQ 100 ended its trading day up 0.92%.
So, what were the biggest movers overnight?
Let’s take a closer look.
What is NDQ invested in?
As the name of the ETF suggests, NDQ is invested in the 100 largest companies listed on the New York based tech-heavy stock exchange, such as Apple Inc (NASDAQ: AAPL), Amazon.com, Inc (NASDAQ: AMZN), and Facebook, Inc (NASDAQ: FB).
Non-tech shares the ETF (and therefore the shareholder) are invested in include PepsiCo, Inc. (NASDAQ: PEP), Costco Wholesale Corporation (NASDAQ: COST), and healthcare company Moderna Inc (NASDAQ: MRNA).
What moved the Nasdaq-100?
According to Nasdaq, the most prominent movers in early trade included biotech company Biogen Inc (NASDAQ: BIIB) – up 3.1%, and Pinduoduo Inc (NASDAQ: PDD) – down 1.2%.
Other prominent movers earlier in the day include Moderna – up 2.8%, and Okta Inc (NASDAQ: OKTA) – down 1%.
By the end of the day these were the 3 biggest gainers:
- Marriott International Inc (NASDAQ: MAR) – up 3.82%.
- Moderna Inc – up 3.15%.
- Booking Holdings Inc (NASDAQ: BKNG) – up 2.88%.
And these were the 3 heaviest fallers on the index by the end of the day:
- Seagen Inc (NASDAQ: SGEN) – down 1.74%.
- Charter Communications Inc (NASDAQ: CHTR) – down 1.28%.
- Okta Inc – down 0.80%.
Let’s see if NDQ follows the NASDAQ 100’s lead and ends today higher.
NDQ share price snapshot
Over the past 12 months, shares in the ETF have increased 31.9%. This is greater than the S&P/ASX 200 Index (ASX: XJO) but less than the actual NASDAQ 100 composite (by about 9 percentage points). It is, however, roughly matching its namesake’s performance since the beginning of the year – both up about 21%.