Wednesday 29 July 2015

Do You Have Too Much Apple In Your ETF Portfolio?

Otmane El Rhazi from Investor's Business Daily - ETFs RSS.

Apple has played its part in juicing ETF investments. But the stock's stumble post-earnings last week saw several exchange traded funds sour in a flash. PowerShares QQQ (QQQ), the Nasdaq-tracking ETF with a hefty stake in Apple stock, slipped 1% upon the company's mixed results. Apple is a top 10 holding in 105 equity exchange traded funds, according to financial data provider S&P Capital IQ. ETFs tracking the S&P 500 index have it. So do broadly

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