Tech ETFs with large weightings in Cisco Systems (CSCO -14.9%), like IYW (-2.3%) and IGN...

|By:, SA News Editor

Tech ETFs with large weightings in Cisco Systems (CSCO -14.9%), like IYW (-2.3%) and IGN (-2.5%), are taking it on the chin in the wake of the company's weak earnings outlook. On the other hand, if you're short and leveraged the tech sector via TYP, you're currently up a cool 6.6%