AIQ is trading lower at $62.00 (-1.82%) as investors rotate away from richly valued information technology names amid concerns over the sustainability of aggressive AI infrastructure spending.
- Large-cap tech leadership is facing pressure from renewed focus on systemic risks and prior profit-taking, causing the ETF to lag the broader market rebound.
- The move reflects a divergence from major indices, which are edging higher while diversified tech holdings face valuation scrutiny.