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Photonics ETF draws stronger early demand than memory ETF

MarketWatch said the photonics ETF saw better demand on its first trading day than a widely tracked memory ETF had at the same stage of its launch.

Reported · Written up by our desk · ETFs

MarketWatch reports that a photonics-themed ETF is showing signs of improving interest in the optical trade, based on its early trading performance.

In its first day of trading, the fund attracted better demand than a popular memory ETF did at the same point in its life cycle, the outlet said.

The comparison suggests investors are weighing renewed momentum in optical and photonics exposure as Lumentum prepares to report earnings, according to MarketWatch.

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