Solving the Mystery of the QQQQ’s True Composition
David Fry (ETF Digest) submits:
Lately some investors have looked under the hood and were surprised to discover the NASDAQ 100 Index (NDX), to which the QQQQs (PowerShares QQQ Trust ETF) are linked, was nearly 20% weighted with Apple (AAPL) before the recent share price drop.
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