Rival Snap Inc. (SNAP) - Get Report was also down, falling 7.8%, while Facebook Inc. (FB) - Get Report , which has seen its own troubles over the past three weeks, was up slightly ahead of the company's earnings release after the closing bell.
April has been a tough month all around for tech stocks as Facebook has seen intense government and media scrutiny, chipmakers Broadcom (AVGO) - Get Report and Qualcomm (QCOM) - Get Report have also been subject to headwinds emanating from Washington, and mediocre earnings from Taiwan Semiconductor Co. (TSM) - Get Report that was due to a decline in smartphone decline.
Apple Inc. (AAPL) - Get Report shares were initially hit hard by the tech selloff Wednesday, only to bounce back and trade 1.4% higher as CEO Tim Cook attended a closed-door meeting with President Trump in the afternoon.
Here are 5 technology ETFs that have had a positive month of trading in spite of the headwinds, but were caught up in Wednesday's selloff.
iShares Edge MSCI Multifactor Tech ETF (TCHF) - was down 4.34% Wednesday after rising 3.3% over the past four weeks, according to Nasdaq.
SPDR Kensho Future Security ETF (XKFS) - was down 1.95% Wednesday after rising 3.4% over the past four weeks, according to Nasdaq.