Why Investors Are Reducing Tech Exposure
This article was originally published on ETFTrends.com.
The Technology Select Sector SPDR Fund (NYSEArca: XLK), the largest tech-related ETF, is up more than 5% over the past week and technology remains one of the best-performing sectors this year, but data suggest some investors are departing the sector. Broadly speaking, US-listed technology ETFs have not lost money on a quarterly basis since the [...]