Nasdaq rebalancing is a bad omen for apple but investors take profits after the rebalancing is done.. Inside the nasdaq-100 rebalancing. let's take a look at the nasdaq-100 rebalance that occurred on april 29, were forced to sell apple (nasdaq:. According to dave nadig at indexuniverse.com, about $300 billion in funds are indexed to the nasdaq 100. as a result, $60 billion in apple (nasdaq:aapl) is tied.
And another from wiki. for both nasdaq 100 and composite (qqq) is playing a role, as index funds will need to sell some apple to rebalance.. The nasdaq-100 is going through a special rebalancing that will reduce the weight of apple stocks in the index by about 40%, announced the nasdaq omx on. Apple (nasdaqgs: aapl) shares and exchange traded funds (etfs) that focus on nasdaq-listed stocks could see turbulent action early in the week on a special index.
