Investors are flocking to tech stocks this year.
The S&P technology ETF, the XLK, is up nearly 6 percent year to date and trading at a mulityear high. Meanwhile, the S&P 500 has risen 3.5 percent over the same period. And one strategist is predicting even bigger gains for the space.
"Technology has really started to outperform the broader market recently," options and ETF expert Stacey Gilbert said Friday on CNBC's "Trading Nation." "Within the ETF space we've seen investors start to move money into technology-focused ETF products."
According to Gilbert, in the past month there's been approximately $810 million of inflows into long, unlevered technology ETFs—which is the largest seen in the tech sector all year.