The Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) is experiencing a notable day in the market, driven by a resurgence in investor interest in technology and AI sectors. The recent spike in the CBOE's VIX Index, marking the second-largest increase ever, has injected significant volatility into the equity markets. This volatility has led to a repricing of megacap tech stocks, particularly those within the AI domain, which are part of the "Magnificent 7." Despite short-term uncertainties surrounding government shutdowns and Federal Reserve policy for 2025, there is a growing confidence among investors that the stock market will stabilize, benefiting funds like AIO that are heavily invested in technology and AI opportunities.
The AIO ETF is currently priced at $23.65, reflecting a slight increase of 0.04% from the previous close.