SPRX is trading 6.8% up today, extending a sharp, AI-led surge that has lifted the broader information technology sector.
- Lower oil prices and stabilized currency markets following the U.S.–Japan yen intervention have eased inflation worries and improved macro visibility for growth names.
- With 81.3% of its holdings in information technology, the ETF is moving in line with sector-wide strength and constructive earnings expectations for semiconductors and software.