In the past month, Apple (NasdaqGM: AAPL), Google (NasdaqGM: GOOG) and Microsoft (NasdaqGM: MSFT) are up an average of 5.9%. Those stocks combine for a third of XLK’s weight. Semiconductor stocks are in a strong seasonal period and that sub-sector accounts for almost 10% of XLK’s weight. [‘Tis the Season for Semis]
Technology Select Sector SPDR Fund
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of Apple, Google and Microsoft.