On June 5, SPDR Technology Select Sector ETF (XLK) fell 3.09% in regular trading, trading at $187.01 USD/share, with trading volume of $1.239 billion. The ETF has now declined for a second consecutive session, extending losses from the prior day's drop.
The fund seeks to track the performance of the S&P Information Technology Select Sector Index by employing a replication strategy, typically investing in substantially all of the securities represented in the index in approximately the same proportions. It generally invests at least 95% of its total assets in the securities comprising the index, covering networking and IT services, software, computers, peripheral equipment, semiconductor equipment, and various communications technology products. The fund is non-diversified.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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