Big Tech ETF rises, is on pace to snap a stretch of weekly losses- MarketWatch

Shares of an exchange-traded fund that invests in Big Tech stocks were rising Friday and on track to snap a streak of weekly losses. The Roundhill Magnificent Seven ETF — which holds Apple Inc., Microsoft Corp., Google parent Alphabet Inc., Amazon.com Inc., Nvidia Corp., Tesla Inc.and Facebook parent Meta Platforms Inc. — was up 0.8% in afternoon trading. That put the ETF on pace for a weekly gain of 2.2%, which would snap three straight weeks of losses, according to FactSet data. Most of Roundhill Magnificent Seven ETF’s portfolio was in the green Friday afternoon, with only Amazon firmly in the red, FactSet data showed, at last check.