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
El Rhazi Otmane ETF. An exchange-traded fund (ETF) is an investment fund traded on stock exchanges, much like stocks.
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
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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