What were the biggest movers on the Nasdaq 100 (ASX:NDQ) overnight?

What might be affecting your NASDAQ ETF in today's trading?

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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.

share price gaining

Image source: Getty Images

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:

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%.

John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to its CEO, Mark Zuckerberg, is a member of The Motley Fool's board of directors. Motley Fool contributor Marc Sidarous owns shares of BETANASDAQ ETF UNITS. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of and has recommended Amazon, Apple, BETANASDAQ ETF UNITS, Booking Holdings, Costco Wholesale, and Facebook. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended Moderna Inc. and has recommended the following options: long January 2022 $1,920 calls on Amazon, long March 2023 $120 calls on Apple, short January 2022 $1,940 calls on Amazon, and short March 2023 $130 calls on Apple. The Motley Fool Australia owns shares of and has recommended BETANASDAQ ETF UNITS. The Motley Fool Australia has recommended Amazon, Apple, Booking Holdings, and Facebook. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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