Furthermore, “Equal Weighted” Tech ETFs sometimes find an audience when AAPL, or another tech stock runs like this as well, and names there to watch are QQEW (First Trust Nasdaq 100 Equal Weighted, Expense Ratio 0.60%), QQQE (Direxion Nasdaq 100 Equal Weighted, Expense Ratio 0.35%), RYT (Guggenheim S&P 500 Equal Weight Technology, Expense Ratio 0.50%), and QTEC (First Trust Nasdaq 100 Technology Sector, Expense Ratio 0.60%).
With the next expected earnings release for AAPL not until the end of July (7/23/14), the volatility in the stock is likely far from over, given what has happened just inside of the past two months, and we will closely watch how the story plays out.
iShares U.S. Technology ETF
For more information on Street One ETF research and ETF trade execution/liquidity services, contact Paul Weisbruch at [email protected].
Street One Financial is an educational/research firm utilizing the Broker Dealer services of Precision Securities, a FINRA registered Broker/Dealer.