GPIQ is trading at $55.88 (+1.54%) as a broader rally in U.S. equities and growth stocks lifts the technology-heavy ETF.
- The fund's heavy concentration in information technology (57.4%) is driving gains following strong recent megacap tech earnings.
- Improved risk sentiment from easing Middle East tensions and sharply lower oil prices are providing additional tailwinds for the broader tech complex, pulling the ETF higher alongside Nasdaq benchmarks.