ERShares Private-Public Crossover ETF is trading 2.3% up today, extending a rebound that began after the June 5 selloff triggered by stronger-than-expected U.S. jobs data and hawkish interest rate repricing.
- The fund is benefiting from a broader tech-led recovery and improved risk sentiment as geopolitical tensions ease and major U.S. indices, specifically the Nasdaq, continue to bounce.
- XOVR's performance is driven by its heavy exposure to growth-oriented technology and communication names, alongside a significant private stake in SpaceX.