Nanotech ETF 2013 Update

PowerShares Lux Nanotech (ETF) is one of the few 'true' nanotech ETF.
Latest Weekly Chart Update:

Nanotech ETF Crossover

The 50 day Moving Average is now above the 200 day Moving Average, near a crossover, the short-term chart looks like this:

PowerShares Lux Nanotech (ETF) (Public, NYSE:PXN)

Nanotech ETF

PowerShares Lux Nanotech (ETF) is one of the few 'true' nanotech ETF, even if most companies aren't tied to just nanotechnology business, in the long term future some of these companies might be the ones to grab the emerging technology of the nano-scale.

Performance has not been stellar, but since last year recovery, PXN has made a decent performance for the last year. So here is latest year chart of this Nanotech ETF:

PowerShares Lux Nanotech (ETF)

Here is the chart and composition of the PowerShares Lux Nanotech (ETF), probably the best Nanotech ETF in the market.



The fund holdings are as of 7/1/2009:

(Fund Holdings are subject to change)
% of Fund

Consumer Discretionary
3.00%
TM Toyota Motor Corp. (ADS) 3.00%

Financials
4.88%
TINY Harris & Harris Group Inc. 4.88%

Health Care
26.79%
FLML Flamel Technologies S.A. (ADS) 5.71%
BDSI BioDelivery Sciences International Inc. 5.54%
ACCL Accelrys Inc. 5.44%
ELN Elan Corp. PLC (ADS) 5.12%
NSPH Nanosphere Inc. 4.97%

Industrials
11.19%
HEV Ener1 Inc. 4.91%
MMM 3M Co. 3.19%
GE General Electric Co. 3.08%

Information Technology
31.24%
NVEC NVE Corp. 5.61%
VECO Veeco Instruments Inc. 5.52%
FEIC FEI Co. 5.47%
SMMX Symyx Technologies Inc. 5.20%
INTC Intel Corp. 3.24%
HPQ Hewlett-Packard Co. 3.14%
IBM International Business Machines Corp. 3.07%

Materials
22.90%
SDTH ShengdaTech Inc. 6.02%
HW Headwaters Inc. 5.58%
ALTI Altair Nanotechnologies Inc. 5.04%
DD E.I. DuPont de Nemours & Co. 3.16%
APD Air Products & Chemicals Inc. 3.09%

PowerShares Lux Nanotech performance

PowerShares Lux Nanotech (ETF) (Public, NYSE:PXN) Chart:


The Nanotech ETF continues to have a poor performance, and should continue to follow the general markets until the current crisis is resolved.

Remember that effective and profitable Nanotechnology business is still a very long term investment.

Top Holdings on this ETF
(Fund Holdings subject to change)
Elan Corp. PLC (ADS) 8.23%
Flamel Technologies S.A. (ADS) 7.19%
Altair Nanotechnologies Inc. 6.39%
FEI Co. 6.30%
Veeco Instruments Inc. 6.13%
ShengdaTech Inc. 5.93%
Symyx Technologies Inc. 5.84%
Accelrys Inc. 5.31%
NVE Corp. 5.05%
Headwaters Inc. 4.86%

You can see this ETF details here.

PowerShares Lux Nanotech (ETF)

So here is the monthly update on PowerShares Lux Nanotech ETF(AMEX:PXN):


The performance isn't very bright, and while the stock market indexes didn't react very well to the Fed's decision, most of the few nanotechnology stocks aren't really performing that good either.

On the opposite direction, the solar industry seems to be doing just fine, beating all the other sectors and even the hot china funds. Some solar stocks have gone more than 50% just in the last month!

While I've talked about the future potential of solar technology applied with nanotechnology, the solarstocks performance seems to be happening today, contrary to the nanotech sector.

There are many interesting articles and analysis out there regarding solar energy, and I suggest you head over to SolarTechnologyStocks blog, being one of the few only dedicated to this area.

http://solarstocks.blogspot.com/

More updates as soon as new stuff comes out regarding nanotechnology and the markets.

Powershares Lux Nanotech Performance (PXN)

Powershares Lux Nanotech Portfolio (PXN) is one of the few tradable ETF that tracks nanotechnology companies.

This year's performance has been negative, but this last week the stock recovered and is close to breaking above the 200 day moving average.

If the price closes above $17.50 we might finally reenter the positive trend for the next few months. It's one of the ETFs to closely follow for these next weeks:

Nanometrics (NANO - Nasdaq)

Nanometrics touched new lows this year, but still reacting to the $7.93 support made in the last week of 2006, and probably finding key support at these prices.

Nanometrics widened its losses in the last two quarters, coming from a profitable 2005 year, into a loss in 2006. Maybe 2007 hold better days for NANO but its still a risk buying the stock at these levels, until we see a change in the trend, even if it starts looking to be undervalued.



Meanwhile, the PXN (Powershares Lux Nanotech) etf, is still negative for this year but today's move could represent the end of this recent sell-off. The next days should be important to prove this point:


Technically this etf is getting close to its annual trend line support, and I will update its long term chart later this week.