WQTM is trading at $32.00 (+3.03%) as the technology sector recovers from a prior selloff and investors rotate back into AI-linked names.
- The move follows a broader market recovery with U.S. futures and the Nasdaq trading higher pre-market after tech valuation concerns eased.
- Sentiment has improved across the semiconductor and AI landscape as overnight pressure regarding capital expenditure cooled.
- As a tech-heavy fund, the ETF is responding to increased risk appetite and a general recovery in the information technology sector.