Technology ETF (XLK) Hit a 52-Week High

For investors seeking momentum, Technology Select Sector SPDR ETF (XLK) is probably on the radar. The fund just hit a 52-week high and is up 52.5% from its 52-week low of $172.45 per share. But are more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook on it to get a better idea of where it might be headed:XLK in FocusThe underlying Technology Select Sector Index includes companies from the following industries: computers & peripherals; software; diversified telecomm ...