Tech ETF (AIPO) is trading 3.2% up today as its industrial-heavy portfolio benefits from sector strength and positive sentiment surrounding the new U.S.–EU trade pact.
- Confidence in aerospace and defense supply chains is rising following Parker Hannifin’s $2.55B acquisition of CIRCOR, a key driver for AIPO’s AI-power infrastructure theme.
- The ETF’s gains are outpacing major indices, reflecting its concentrated exposure to industrial and power infrastructure names.
- Performance remains strong despite broader market volatility tied to U.S.–Iran tensions and higher oil prices.