|Bid||35.07 x 1100|
|Ask||62.14 x 1100|
|Day's Range||61.74 - 62.21|
|52 Week Range||45.74 - 62.23|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.10|
|Expense Ratio (net)||0.08%|
Forget about cut in expense ratios. Brokers are now engaged in bringing up torrents of commission-free ETFs on their trading platform.
Apple quarterly result provided some relief to investors and swept away negative sentiments from the stock. As such, investors could consider the ETFs with the largest allocation to this tech titan.
Apple is scheduled to report its fiscal first quarter earnings after the closing bell on Tuesday in what will be an important sign alluding to the health of not just the technology sector, but the overall capital markets given the size and reach of the iPhone maker. Last year, Apple joined Amazon as one of the companies to cross the $1 trillion mark during the extended bull run. Since then, a large dosage of volatility upended the markets to end 2018, including the tech sector and particularly Apple stock, which got its fair share of downgrades near year's end.
During trading hours of Nov 26, Microsoft surpassed Apple to become the most-valuable publicly traded company, putting the related ETFs in focus.
Fidelity MSCI Information Technology ETF fell less than 6% in the July 26-30 technology tumble and it has already made up most of that loss.
Recently, Fidelity rocked the index fund universe by revealing plans to introduce two index funds with expense ratios of 0.00%. The Fidelity ZERO Total Market Index Fund (MUTF:FZROX) and Fidelity ZERO International Index Fund (MUTF:FZILX), are the no-fee products from Fidelity that are expected to debut this month. Fidelity, one of the largest issuers of actively managed mutual funds, did away with investment minimums on mutual funds and 529 college savings plans.
Apple (NASDAQ:AAPL) once again cheered investors with robust third-quarter fiscal 2018 results, after the closing bell yesterday. The technology giant topped the earnings and revenue estimates and projected upbeat revenue outlook.Source: iphonedigital via FlickrApple Q3 Results in Focus
The Nasdaq Composite opened higher in Wednesday's trading session, boosted by Apple's earnings announcement on Tuesday as the tech giant announced revenue generation of $53.3 billion and an EPS of $2.34--both results beating analyst estimates of $52.3 billion and $2.18 per share. Apple shares were up over 4 percent to $197.95 in after-hours trading and are currently up 5.34% as of 10:45 a.m. ET. The Nasdaq Composite was up over 50 points, the S&P 500 gained 10 points and the Dow Jones Industrial Average was over 70 points in the green.
Apple will announce its fiscal third-quarter earnings results later today, which could give technology stocks and tech-focused ETFs a much-needed shot in the arm after companies like Facebook, Twitter ...
Technology giant Apple (NASDAQ:AAPL) is set to release third-quarter fiscal 2018 results on Jul 31 after market close. Since Apple accounts for over 19% of the total market capitalization of the entire technology sector in the S&P 500 index and is heading toward becoming the first trillion dollar company, it is worth taking a look at its fundamentals ahead of results.
The millennial demographic is expected to outnumber the baby boomer generation, so this rising group's spending habits will have a huge effect on the markets. For example, the millennials' quick adoption of new technologies will help support tech companies and technology sector-related exchange traded funds. “I’ve been positioning my fund to benefit from millennials’ spending trends," Jean Park, Portfolio Manager, Fidelity Growth Strategies Fund and Fidelity Fund, said in a note.
The Fidelity MSCI Information Technology Index ETF (ticker: FTEC) holds principally U.S. large-cap technology stocks. Its investments are focused in software & services, semiconductors, and hardware companies. ...