Huge tech ETF set to buy $10 billion in Nvidia shares
Huge Tech Etf Set To Buy $10 Billion In Nvidia Shares
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Tue, 06/18/2024 - 11:42am
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BING NEWS:
- Nvidia Is Surging. Why That’s a Problem for a Tech ETF.
The IRS has rules about concentration levels in funds. As the Tech Select Sector SPDR rebalances, one of the big three—Apple, Microsoft, or Nvidia—could get demoted.
06/21/2024 - 12:45 pm | View Link - Nvidia, Microsoft, Apple about to rock big tech ETF
A popular tech ETF that counts Microsoft, Apple and Nvidia as top holdings is about to rebalance. The move comes as Nvidia's share price continues to smash records.
06/21/2024 - 5:37 am | View Link - Tech Funds’ Record Cash Injection Is Traced to ‘Messy’ Rebalance
On the surface, technology-focused stock funds just enjoyed a week of record inflows, the latest sign of the AI craze. A look under the hood, however, showed almost all the money went into a single ...
06/21/2024 - 1:19 am | View Link - Huge tech ETF set to buy $10 billion in Nvidia shares
(Reuters) - One of the world’s largest technology funds is set ... billion Technology Select Sector SPDR Fund, managed by State Street Global Advisors, will buy some $10 billion shares of Nvidia ...
06/18/2024 - 1:00 pm | View Link - A Leading Tech ETF Is Shifting The Balance From Apple To Nvidia With A Massive $23 Billion Stake Exchange As Nvidia's Stock Skyrockets By 164%
A major technology ETF is set to undergo a significant rebalance, increasing its Nvidia holdings from 6% to 21%. This strategic reallocation will involve purchasing approximately $11 billion worth of ...
06/18/2024 - 8:41 am | View Link - More
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