XITK News and Press, SPDR FactSet Innovative Technology From 12/22/20

The pandemic-driven accelerated adoption of technology-related themes has led many companies in the information technology sector to be standout performers for most of 2020. Tech valuations may appear elevated, but as long-term investors, we believe this modest premium is warranted an...

SPDR FactSet Innovative Technology ETF (XITK) - $0.1274.30-Day SEC Yield of -0.32% as of Dec. 18.Payable Dec 24; for shareholders of record Dec 22; ex-div Dec 21. For further details see: SPDR FactSet Innovative Technology ETF declares quarterly distribution of $0.1274

Many investors are concerned what near-zero interest rates and the global economic fallout that aggressive stimulus measures may bring. Rather than look for M&As centered on incremental revenue or profit in the near term, investors are focused on the types of transformational acqu...

For 2021, the initial estimates were looking for 17% expected growth so – as of today – the expected 14% growth for next year has almost closed the Covid-19 gap. Q3 ’20 “actual” Tech sector earnings were 880 basis points better than what was expected...

Which pandemic-driven tech trends will have staying power post pandemic? Will FAANG stocks continue to drive markets higher post pandemic? Outlook for Shopify post pandemic. For further details see: Investing In Pandemic-Driven Tech Trends That Are Here To Stay

The XITK ETF is focused on innovative technology. Its three-year annualized returns are an impressive 30%+. The closest direct competitor in this sub-sector is the leading and much larger ARK Invest ARKK ETF. The biggest differentiator in the two ETFs is their weighting in Tes...

Many investors look at the NASDAQ today and have a sense of déjà vu. Is the NASDAQ headed for another crash, a bust of potentially dot-com bubble proportions? Most tech sector categories are still nowhere near the valuation levels of the dot-com era. For further de...

A. Gary Shilling's November Insight compares recent FAANG mania with Nifty Fifty mania of the 1970s and the last tech mania. Regardless of the election outcome, Gary sees the likelihood of a prolonged, deep recession continuing in 2021. I happen to agree, but only time will tell. ...

Tech has been strong in the market, but a turnoff to those concerned about value, at least value in the academic sense. But those who understand true valuation theory recognize that future growth, although challenging to articulate, must be part of the value picture. I screen for ...

Sandwiched between the two extremes of the largely shut-down Stay-at-Home Economy and a fully opened New Normal Economy, the Re-Opening Economy is an uncertain, transitional phase. We have identified multiple themes that we believe play an essential role in achieving these goals, incl...