We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
For investors seeking momentum, Technology Select Sector SPDR ETF (XLK - Free Report) is probably on the radar. The fund just hit a 52-week high and is up 52.5% from its 52-week low of $172.45 per share.
But are more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook on it to get a better idea of where it might be headed:
XLK in Focus
The underlying Technology Select Sector Index includes companies from the following industries: computers & peripherals; software; diversified telecommunication services; communications equipment; semiconductor & semiconductor equipment; internet software & services; IT services; wireless telecommunication services; electronic equipment & instruments; and office electronics. SPDR NYSE Technology ETF charges 8 bps in annual fees (see: all the Technology ETFs here).
Why the Move?
The broad technology sector has been an area to watch lately, driven by a strong tech rally. Google parent Alphabet (GOOGL) recently reported solid second-quarter 2025 results, beating both revenue and earnings estimates.
The tech giant also raised its capital expenditures forecast for the year, signaling a more aggressive investment push into AI infrastructure. This has raised hopes for upbeat earnings results from other Big Tech companies.
More Gains Ahead?
Currently, XLK has a Zacks ETF Rank #1 (Strong Buy), suggesting that the outperformance could continue in the months ahead.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Technology ETF (XLK) Hit a 52-Week High
For investors seeking momentum, Technology Select Sector SPDR ETF (XLK - Free Report) is probably on the radar. The fund just hit a 52-week high and is up 52.5% from its 52-week low of $172.45 per share.
But are more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook on it to get a better idea of where it might be headed:
XLK in Focus
The underlying Technology Select Sector Index includes companies from the following industries: computers & peripherals; software; diversified telecommunication services; communications equipment; semiconductor & semiconductor equipment; internet software & services; IT services; wireless telecommunication services; electronic equipment & instruments; and office electronics. SPDR NYSE Technology ETF charges 8 bps in annual fees (see: all the Technology ETFs here).
Why the Move?
The broad technology sector has been an area to watch lately, driven by a strong tech rally. Google parent Alphabet (GOOGL) recently reported solid second-quarter 2025 results, beating both revenue and earnings estimates.
The tech giant also raised its capital expenditures forecast for the year, signaling a more aggressive investment push into AI infrastructure. This has raised hopes for upbeat earnings results from other Big Tech companies.
More Gains Ahead?
Currently, XLK has a Zacks ETF Rank #1 (Strong Buy), suggesting that the outperformance could continue in the months ahead.