🟢 SPTE is trading 2.2% up today on AI demand and improved risk sentiment

SPTE is trading 2.2% up today as the technology sector rebounds from last week’s AI valuation and geopolitical-driven selloff.

• Improved risk sentiment following a U.S.–Iran ceasefire and strong demand for AI infrastructure are fueling a broad market rally.
• The fund, which is heavily weighted toward information technology (54.3%), is benefiting from large-cap tech leadership during the Nasdaq and Russell reconstitution.